Experienced Analyst Reveals 4 Essential Conditions for the Mega Altcoin Season

Cryptocurrency analyst Miles Deutscher has made a notable assessment regarding the altcoin season that altcoin investors are eagerly awaiting in his latest statement. A German, who claims that he can predict when the altcoin season will start thanks to an artificial intelligence model he developed, stated that he tested this model by comparing it with previous cycles and the results were truly "surprising." Deutscher recalls that the altcoin seasons of 2017 and 2021 surged from 1,000% to 10,000% and noted that such significant movements have yet to be seen in the current cycle. He pointed out that aside from the partial increase that occurred in April and November-December of last year, major altcoins have generally underperformed compared to Bitcoin. According to the analyst, there are several key reasons why this cycle is different from previous stages: Macroeconomic Conditions: While the stimulus packages caused by the pandemic in 2020-2021 provided significant liquidity to the cryptocurrency market, the situation has reversed in the current context with the Fed's balance sheet cuts. Bitcoin ETFs and the participation of giants like BlackRock are holding capital in Bitcoin, leading to the weakening of the "Bitcoin to altcoin capital flow" effect seen in previous cycles. Ethereum's weak performance: Ethereum's inability to break out strongly against Bitcoin is preventing the start of a widespread altcoin bull run. Low personal interest rates: Scandals such as UST, FTX, and losses during the recent memecoin craze have pushed individual investors away from the market. Miles Deutscher stated that the model named Altcoin Rally Score (ARS) that he developed by taking this data into account includes four basic indicators that will trigger the altcoin season: Bitcoin dominance: Bitcoin's dominance should fall below 60% and drop by 4 points within 21 days. Ethereum Lead: The ETH/BTC ratio should break above the 200-day moving average and reach a new 90-day high. Altcoin Seasonal Index: If the index rises above 40 and rises for two weeks in a row, then it will show a broad-based bull run. Trends and personal preferences: Market sentiment, trend dynamics, and stablecoin liquidity will indicate a positive trend. Deutscher predicts that the new altcoin season, which he defines as 3.0, will be shorter and more selective than ( based on the industry ) compared to previous cycles. He cites both the global liquidity shortage and the fact that the supply of newly issued altcoins is much higher than in previous years as the main reasons for this.