Raoul Pal: Bitcoin Dominance Has Peaked, Altcoin Season May Be Approaching
Former Goldman Sachs executive and Real Vision founder Raoul Pal tweeted, "I believe BTC's dominance has peaked today. Daily, weekly, and monthly DeMark top signals have appeared, and the top level is below the 2021 high, which in turn was below the 2017 high. If this judgment holds true, it will mark the arrival of the next phase of the 'Banana Zone' (referring to the altcoin season). Let's wait and see."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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The altcoin season index remains at a low level, currently at 22.
By the end of December, approximately 1.5 million ETH will be unstaked.
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