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Bitcoin has smashed past 126K, setting a new all-time high, but the broader alt-coin market is still struggling. In this monthly alt-coin pulse-check, we dive into key metrics, on-chain indicators, and market trends to see whether alt-coins are showing signs of life or if Bitcoin continues to dominate.
We cover:
โ Bitcoinโs all-time high and technical support levels
โ Eathโs performance and the alt-coin to Bitcoin ratio
โ Bitcoin Dominance and what it means for alt-season
โ Alt-season Index readings and stablecoin dominance
โ Macro factors including DXY and Russell-2000 for risk sentiment
โ Total-3 market cap analysis to gauge pure alt-coin health
โ Major catalysts like SEC alt-coin ETF decisions, Fed rate cut, and retail adoption signals
โ Bullish and bearish scenarios for the remainder of October and Q4
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#Altseason #Bitcoin #Ethereum #CryptoMacro #Altcoins
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