Bitcoin weakness Analysts have differing views on the arrival of altcoin season

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On August 6, after Bitcoin recently fell to $112,000, altcoins failed to rebound, leading to a divergence among analysts about whether the altcoin season is approaching.

An analyst from a trading platform stated in the market report on Tuesday: "Interestingly, the breakout of mainstream coins has not translated into sustained buying of alts - on the contrary, the fall of alts and the weakness of Bitcoin suggest that speculative interest is waning across the board. Therefore, the market may be entering a consolidation phase, but new macro events or strong inflows into cryptocurrency ETFs could quickly change this situation."

Crypto analyst Ted stated on Tuesday, "This is the best opportunity to accumulate before the practical alts make a parabolic rise."

BTC1.33%
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MetamaskMechanicvip
· 08-09 03:25
The bull run will come sooner or later.
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hodl_therapistvip
· 08-09 03:11
Coin Hoarding requires seizing the right moment.
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MysteryBoxOpenervip
· 08-09 01:41
Good opportunities are hard to come by.
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BearMarketSurvivorvip
· 08-06 04:08
Coin Hoarding until the bull run
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MissingSatsvip
· 08-06 04:02
The risk is too high; it's better to engage in Coin Hoarding.
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TokenRationEatervip
· 08-06 04:00
Buy during the fall.
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MetaMaskVictimvip
· 08-06 03:50
The more you hoard, the worse the loss.
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MonkeySeeMonkeyDovip
· 08-06 03:41
Let's keep it for now.
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