Bitcoin

JasmyCoin

Felix

Sensei

<p>The altcoin market has surged following Donald Trump’s U.S. presidential victory, but a venture capitalist has warned that institutional profit-taking could spark a near-term downturn.</p>
<p>“Considering alt season tapped out for now,” Hartmann Capital managing partner Felix Hartmann stated in a Dec. 7 post on X.</p>
<h3 class="wp-block-heading" id="vcs-may-start-aggressive-selling">VCs May Start Aggressive Selling</h3>
<p>Hartmann noted that traders’ optimism might soon face reality.</p>
<p>“Traders may stay irrational, but we are at the point where teams and VCs start clipping more aggressively,” he explained.</p>
<p>He warned of significant corrections, saying, “Once momentum tips, we’ll have to get that lever out, and see some murder wicks.”</p>
<p>Hartmann added that altcoins’ funding rates are now “north” of 100% annualized, with recent price movements driven largely by perpetual traders rather than spot market activity.</p>
<p>“Leg down will be ugly,” he concluded.</p>
<h3 class="wp-block-heading" id="top-gainers-and-historical-volatility">Top Gainers and Historical Volatility</h3>
<p>Among the top 100 cryptocurrencies, Hedera (HBAR) led with a 99.31% gain since Nov. 1, followed by IOTA (79.61%) and JasmyCoin (72.47%), according to CoinMarketCap data.</p>
<p>However, historical patterns suggest caution.</p>
<p>In late 2021, Solana (SOL) plummeted 64% within two months after a record high, while XRP shed 51% in the same period.</p>
<h3 class="wp-block-heading" id="diverging-trader-sentiments">Diverging Trader Sentiments</h3>
<p>Despite Hartmann’s warnings, some traders remain bullish.</p>
<p>Crypto trader MilkyBull Crypto suggested on Dec. 6 that altcoin season could extend into March, noting, “Lasts about 90 days.”</p>
<p>Similarly, trader Sensei declared, “Altseason has just started,” to his 72,900 followers.</p>
<h3 class="wp-block-heading" id="key-metrics-to-watch">Key Metrics to Watch</h3>
<p>Bitcoin dominance, often seen as an altcoin season indicator, stood at 55.11% at publication, down 7.88% over the past month, per TradingView.</p>
<p>Additionally, rising funding rates for perpetual futures—ranging between 4% and 6% monthly—highlight traders’ leveraged optimism but could erode profits if prices stagnate.</p>

Altcoin Market Booms Post-Trump Victory, but Shakeout Fears Loom

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