Just noticed that the crypto market is recovering from oversold areas. The charts look interesting — especially with the altcoins. The Altcoin Seasonality Index has just reached the January high again, which is usually a bullish signal.



I've been following this altcoin rally for a while now, and it looks like more traders are starting to build positions again. The movements indicate that we're coming out of the oversold condition. Many smaller coins are showing upward momentum again.

If this altcoin rally gains momentum, it could be the start of a stronger cycle. The indicators at least suggest that. Let's see if the altcoins can hold this level or if it drops again next week.
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