Cryptocurrency analyst Ali Martinez weighed in on the possibility of an altcoin season, saying that not all altcoins move together.
While some, like AAVE, are showing signs of strength, others, like MANA, remain in consolidation mode, waiting their turn in the spotlight, according to the analyst.
Martinez noted that Bitcoin is currently dominating the market due to a combination of strong rhetoric and fundamentals. The key factors include:
Martinez noted that Ethereum (ETH) has historically outperformed Bitcoin every December, pointing to the importance of timing and positioning. “If you’re investing in altcoins, the important thing is to get into projects with strong fundamentals early on,” he said.
Martinez warned investors not to chase memecoins and be tempted by the lure of quick riches, instead focusing on altcoins with real utility and strong fundamentals that have a better chance of generating sustainable gains.
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According to Martinez, several altcoins stand out as potential winners in the next market cycle:
“These are not just ‘hype coins,’” Martinez said. “These are projects with solid use cases that can weather market volatility.”
“For sustainable gains, position yourself where the smart money is flowing,” he said, suggesting that the next altcoin season may be closer than expected.
*This is not investment advice.
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