Altcoin Top Is Still Far Away, But The Opportunity Won’t Last
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The Glassnode altcoin cycle signal just hit 81 with Bitcoin dominance stalling, and the median altcoin still has less than a quarter of its supply in profit, which is not what the end of a cycle looks like.
ETF flows into Solana, Zcash, Ethereum and XRP are small in dollar terms but large relative to market cap, and the four year cycle may be stretching as the business cycle expands after COVID.
The OTHERS chart saw 3,000 percent gains the last time it broke out before a mid cycle correction, which is why this move probably will not be the final one of the cycle.
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0:00 Altcoins Are Starting To Stir
1:02 The Altcoin Cycle Signal Hit 81
1:37 This Won't Be The Final Top
2:08 Most Alts Are Still Underwater
4:40 Where The ETF Money Is Going
5:27 The Two Week Altcoin Chart
6:05 The Cycle Isn't Four Years Anymore
6:37 The Kraken Card
7:25 The Monthly ISM Chart
8:55 The OTHERS Chart
12:40 Is AVAX Still Worth It
13:23 The Hot Ball Of Money
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