ALTCOINS : Les NIVEAUX pour ACHETER le BOTTOM ! 🚀

This video discusses the current state of the altcoin market, focusing on identifying potential bottom zones and discussing retracement possibilities for the second quarter. The speaker clarifies a previous misunderstanding about "altcoin season," emphasizing that it refers to highly speculative, parabolic price movements indicative of a bubble, not simple rebounds. True altcoin seasons are characterized by excessive speculation and a disconnect between a project's value and its market capitalization. The speaker does not believe the current altcoin market is at a definitive bottom. Instead, they suggest a potential retracement within the second quarter could see the market revisit levels around 490 to 520 billion in market cap before potentially continuing downwards. This is contrasted with a true altcoin season, which is deemed too early to call. Factors contributing to this outlook include low liquidity in the crypto market, global liquidity contraction, and the impact of rising oil prices on potential Fed rate cuts, making an altcoin season unlikely this year or even next. The speaker identifies Total 3 (an altcoin index) as a key indicator, suggesting that a bottom might only be established when this index falls below its 2024 low, around 312 billion in valuation. They envision a bottoming process involving consolidation, manipulation, and new expansions, similar to previous cycles. This includes re-accumulation phases, breakout events, and then eventually an altcoin season, a process that can take significant time, citing the 2018-2020 period as an example. The current price action might involve extended periods of consolidation before a gradual upward trend forms once liquidity matures. A breakout of the current range could then lead to acceleration. BNB is highlighted as a crucial indicator. The speaker believes BNB has not yet bottomed and may revisit lower price levels, potentially below $500, before a true altcoin bottom is formed. They draw parallels to BNB's previous cycle, where it consolidated near previous lows before a significant drop, which coincided with the altcoin market bottoming around June 2022. The speaker suggests history is repeating, and a bottom below $500 for BNB would indicate a broader altcoin market bottom is still to come, likely within a long-term re-accumulation zone. The speaker also briefly touches on crypto stocks like Coinbase, noting the absence of bottoming signals there, suggesting that expecting immediate altcoin bottoms is premature. They also mention that altcoin vs. Bitcoin performance is a key indicator, and currently, there are no signs of a bottom, reinforcing that an altcoin season is not imminent. The current sentiment of people believing an altcoin season will never happen again is seen as a positive sign, as renewed interest typically emerges when liquidity expands and the market starts to resemble bottoming patterns. The extended liquidity contraction since 2008 is identified as a primary reason for the current disinterest in altcoins.