Altcoins Will Explode in Early 2025: Analyst Says the 'Final Showdown' Is Coming Soon

As the new year is approaching, some analysts predict that 2025 will be a "very optimistic" year for Altcoins. The industry is expected to soon boom and kick off the long-awaited "Altseason" after rechecking the crucial support level. Double Check the Main Support Level for Altcoins In the recent market context, many Altcoins have struggled to record significant increases. However, some market observers predict that these altcoins will be launched in January 2025. Fueled by the bull run after the U.S. election, the total cryptocurrency market capitalization, excluding Bitcoin and Ethereum, exploded in a three-year downtrend in mid-November, surpassing a year-to-date high of $788 billion. During this month's bull run, the sector soared to $1.1 trillion, its highest market capitalization since 2021. Since then, Altcoin has struggled over the past two weeks, dropping nearly 26% as Bitcoin lost the $100,000 mark but still remains above the significant level despite recent performance. Crypto Jelle pointed out that the field has exploded and rechecked "its main trend while destroying all leverage in the process". The analyst emphasized that the funding source has been "completely reset", the sentiment is at its lowest, and the chart looks promising, adding that he is "Very optimistic for 2025".

He also noted that the price movements of Altcoins are "very similar" to Bitcoin's first major pullback in 2021. According to the chart, this leading cryptocurrency had "a strong price increase, a pullback, reached a lower peak, and dropped below the first low level" before breaking out to a new high. Based on this performance, the Altcoin retreat seems to have ended, and they will soon start to rise again if the situation continues like this. Similarly, Michaël van de Poppe declares, 'The correction is about to end, and the time for price increase is approaching for Altcoin and Bitcoin. Expect many things to come.' Will Altseason Follow the Script of 2021? Titan of Crypto asserts that Altcoins will soon explode, indicating that the "final battle is approaching". According to the analyst's chart, Altcoins have formed a cup and handle pattern over the past two years, breaking above the pattern's resistance level during the recent market surge. According to the model, Altcoins, excluding ETH, can increase by 200% to a market capitalization of $1.4 trillion, surpassing the highest level of $1.13 trillion in 2021. Analysts also point out that prior to the price increase in 2021, this sector had witnessed similar performance. In 2020, Altcoin exploded in November and witnessed a significant 30% decline in early December, followed by a recovery over four weeks. Then, they recorded a 143% increase in January 2021, leading to three more green candles before the first major pullback. Please provide the text to be translated. Similarly, they experienced a 26% decrease in December, currently in the third week of an expected four-week recovery period. For analysts, "January could mark the start of a 'only growth' season." Finally, the Titan of Crypto also added that, in the last two recent cycles, the initial price increase of Altcoin lasted from 140 to 175 days, indicating that the price increase of this cycle may reach a new high around April or May. By continuing to monitor the performance of previous cycles, it may witness the first price increase around the second quarter of 2025 before reaching its peak in the fourth quarter.

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