Altcoins Still in No-Man’s Land – Patience Needed
Josh Olszewicz takes a deep dive into altcoins, explaining why it is still too early to expect a full reversal. While some charts are showing signs of stabilization, the process of bottoming takes time.
1. Bitcoin Dominance – Still in Control
📌 Bitcoin dominance remains strong, keeping altcoins in a weaker position
📌 No clear signs of an altseason until BTC dominance drops below 60 percent
📌 Liquidity is not there yet as rate cuts, stimulus, or stronger market conditions are needed
2. The Altcoin Bottoming Process – How Long Will It Take?
📌 After the 2020 halving, it took 320 days for altcoins to truly bottom
📌 A similar long process could be playing out now
📌 April is too early for a full reversal, with Q2 or Q3 more likely
3. Best Altcoin Setup Right Now? Be Selective
✅ Look for high time-frame reversal signs like inverted head and shoulders patterns
✅ Many coins are still stuck under resistance, including ETH, SOL, and ADA
✅ Mean reversion plays might be possible, but confirmation is needed
4. Altcoin Standouts – What’s Showing Strength?
🔹 XRP is holding strong after the SEC dropped its case, but still in neutral territory
🔹 PEPE and meme coins are oversold and attempting to break out
🔹 TRX and FTT are showing early signs of stabilization
5. The Bigger Picture – What Will Trigger Altseason?
🚫 Not just Bitcoin stabilization. We need:
🔹 Rate cuts or stimulus to increase liquidity
🔹 Stronger altcoin narratives, since memecoins are leading while major L1s like ETH and SOL need to reclaim lost ground
🔹 BTC strength without altcoin weakness
Final Take:
The altcoin market is not ready for a full breakout. Some assets are stabilizing, but true strength will take months to develop. Until then, be patient and do not rush in without confirmation.
