If history repeats itself, the spring of altcoins is really coming soon! Currently, the seasonal indicators for altcoins are quietly forming the strongest inverse head and shoulders pattern in the past three and a half years, which usually signals the arrival of a significant price surge. It seems that altcoins are about to welcome a 'non-stop' carnival season of increases.
The market seems to have been brewing this round of major rebound for some time, and this force may be released in the near future.
If this pattern is ultimately confirmed, the rebound of altcoins may come swiftly.
Investing in altcoins now is relatively cost-effective, as many coins' prices have dropped to less than one-tenth of their all-time highs.
Observing the altcoin index, it currently includes 37 types of altcoins.
However, to achieve a full rebound, at least 50 types of altcoins need to work together to rise.