Economist Henrik Zeberg believes that the most explosive phase of the Altcoin market is about to start.
Zeberg tells His 182,800 followers on the social media platform X that the alto season, when Altcoins performs better than Bitcoin (BTC), has just begun and there will probably be huge alto pimples in the coming days.
He says that the Ethereum (ETH/BTC) Bullish was flashing for Altcoins, after an increase since he tapped at a local low point at the end of April. Analysts often use the ETH/BTC ratio as an indicator for possible Altcoin seasons.
“Altealth season has already begun. First slowly, later in a more explosive way. I think we are a maximum of three to eight days from the start of that explosive phase. Eth/BTC ratio tells us why …
It is almost in the explosive phase! ”
ETH/BTC acts for 0.02478 BTC ($ 2,595) at the time of writing.
Zeberg suggest That certain altcoins start to break out at different times.
“In the always season it will be about identifying the next altcoin that is about to shoot up. And then have an idea of how far it can go.”
Under the alts the economist believe Will soon print new highs of all time, will be based on Solana (SOL) Memecoin Dogwifhat (Wif).
“I maintain my extreme bullish perspective on WIF.”
In January he suggested that Wif could eventually hit $ 19.
Wif acts for $ 0.86 at the time of writing, a decrease of 9.9% in the last 24 hours.
Zeberg is also bullish On the Internet of Things (IoT) project Jasmy (Jasmy).
The analyst uses the Elliott golf theory to predict a huge run for altcoins. The theory states that an active tendency to witness a five-golf rally with golf three is the longest and the strongest movement up.
“Ready for the start of Jasmy? We seem to be getting closer to the Golf two soil, little lower. Wave Three should take Jasmy much higher.”
Jasmy acts for $ 0.01413 at the time of writing, a decrease of 4.8% in the day.
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