Optimism grows for altcoin season, but indicators are still weak

Crypto analysts anticipate a possible altcoin season driven by liquidity shifts from safe assets to riskier investments like Bitcoin and Binance Coin. Despite optimism, current indicators indicate bear market conditions.

With over 150 altcoin exchange-traded funds pending SEC approval, analysts believe this could provide a much-needed catalyst. However, key altseason indicators remain low, signaling caution until the market changes.

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