{"id":139633,"date":"2024-10-14T08:00:28","date_gmt":"2024-10-14T05:00:28","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=139633"},"modified":"2024-10-14T00:17:21","modified_gmt":"2024-10-13T21:17:21","slug":"altcoins-beginning-to-surge-as-bitcoin-holds-steady-a-market-shift-in-the-making","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/altcoins-beginning-to-surge-as-bitcoin-holds-steady-a-market-shift-in-the-making\/","title":{"rendered":"Altcoins Beginning to Surge as Bitcoin Holds Steady: A Market Shift in the Making?"},"content":{"rendered":"<p><strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/celestia\/\">Celestia (TIA)<\/a><\/strong> has surged significantly, jumping more than 10.7% in a single day, while <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/ethena\/\">Ethena (ENA)<\/a><\/strong> has also seen a robust increase of 10.4%. This surge could suggest a growing investor interest in altcoins.<\/p>\n<p>An intriguing trend is emerging in the Altcoin Season Index, which is forming an inverse head-and-shoulders pattern\u2014an indication of a bullish market trend not witnessed in over three years. Analyst Moustache conveyed optimism, suggesting that the challenges faced by the market in recent years may soon dissipate.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\"><a href=\"https:\/\/twitter.com\/hashtag\/Altcoins?src=hash&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">#Altcoins<\/a><\/p>\n<p>Altcoin Season Index has been forming one of the most bullish patterns for 3.5 years: Inverse Head and Shoulders.<\/p>\n<p>Up only season is near IMO.<\/p>\n<p>The pain we have had to go through in recent years will soon vanish into thin air.<\/p>\n<p>Wish everyone the best this journey.\ud83e\ude75 <a href=\"https:\/\/t.co\/H4mk5ISpBJ\" target=\"_blank\" rel=\"nofollow\">pic.twitter.com\/H4mk5ISpBJ<\/a><\/p>\n<p>\u2014 \ud835\udd44\ud835\udd60\ud835\udd66\ud835\udd64\ud835\udd65\ud835\udd52\ud835\udd54\u24d7\ud835\udd56 \ud83e\uddf2 (@el_crypto_prof) <a href=\"https:\/\/twitter.com\/el_crypto_prof\/status\/1844729365273223325?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">October 11, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>In contrast to the strong performance of altcoins, <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/ethereum\/\">Ethereum (ETH)<\/a><\/strong> remains relatively stagnant, which raises concerns about its ability to engage investors amidst the prevailing market excitement.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/eigenlayer-faces-criticism-for-failing-to-meet-investor-expectations\/\" title=\"EigenLayer Faces Criticism for Failing to Meet Investor Expectations\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/04\/Eigenlayer-option05-240x170.webp\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">EigenLayer Faces Criticism for Failing to Meet Investor Expectations<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p><strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/bitcoin\/\">Bitcoin (BTC)<\/a> <\/strong>continues to play a pivotal role in shaping market dynamics, currently valued at $62,600. Analyst Michael Van de Poppe predicts a brief period of consolidation ahead of a potential breakout beyond the $64,000 to $65,000 range, which could trigger additional altcoin rallies and prompt Ethereum to respond favorably.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The cryptocurrency landscape is buzzing with renewed momentum, as various altcoins are experiencing impressive gains.<\/p>\n","protected":false},"author":9,"featured_media":50843,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[24],"tags":[],"class_list":["post-139633","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Altcoins Beginning to Surge as Bitcoin Holds Steady: A 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