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The post <a href="https://coinpedia.org/price-analysis/analyst-explained-why-altseason-might-not-happen/">No Altcoin Season in 2024? Here’s What Traders Can Expect</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a> 
<a href="https://www.youtube.com/watch?v=HBALOb7vQpY">Financial analyst Rekt Capital </a>has discussed the potential delay in altcoin season and opened up about the current situation of altcoin hype cycles. Talking about the importance of timing, the analyst pointed out the pattern of low hype preceding periods of high hype, presenting opportunities for investors. Rekt Capital’s analysis outlined a roadmap for the cryptocurrency market, hinting at investment opportunities in the current market conditions. 
The discussion focused on Quarter 1, with an observation that late December typically marks the peak of financial risk and extreme greed in altcoins. Rekt Capital noted the potential for profitable opportunities by strategically entering the market during periods of low hype and maximum pessimism, riding the subsequent upward wave. 
The analysis suggested that, despite the postponement of altcoin season, investors could benefit from a forthcoming period of bargain buying. As valuations and interest in altcoins experience a downturn, this phase is considered a maximum financial opportunity. Many altcoins may see significant retracements, providing investors with discounted entry points. 
Also Read: <a href="https://coinpedia.org/news/breaking-down-the-ethereum-etf-approval-roadmap-with-finance-expert-scott-johnsson/">Breaking Down the Ethereum ETF Approval Roadmap with Finance Expert Scott Johnsson</a> 
Looking ahead, the analysis connected the market dynamics to the upcoming halving event in April. Historically, both <a href="https://markets.coinpedia.org/bitcoin/" target="_blank" rel="noreferrer noopener">Bitcoin</a> and altcoins have witnessed appreciation leading up to the halving event. The discussion touched upon the potential for a basing period in the coming weeks, leading to a subsequent rally as the market heads into the end of Quarter 1. 
The analyst also considered the likelihood of a pre-halving retrace, affecting both Bitcoin and altcoins. This retrace, expected to be around 20-40%, could coincide with a period of maximum hype and extreme FOMO (fear of missing out) before the halving event. 
Additionally, the analysis suggested that altcoins might experience a reaccumulation range following the pre-halving retrace. This could be a favorable condition for altcoins, allowing money to flow into the market despite potential downturns.

No Altcoin Season in 2024? Here’s What Traders Can Expect

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