Altcoin Season Signals Strength as Golden Cross Holds
- Moustache says the altcoin accumulation window is narrowing.
- Javon Marks identifies a confirmed macro Golden Cross.
- Historical patterns resemble the 2017 and 2021 altcoin rallies.
Altcoin Season is back in focus after two crypto analysts highlighted technical signals that closely resemble previous market cycles. Analyst Moustache believes the window for accumulating altcoins is narrowing, while Javon Marks argues the market has entered the early stages of a new altseason following a confirmed macro Golden Cross.
Altcoin Season Supported by Strong Market Structure
According to Moustache, the total cryptocurrency market capitalization continues to hold above the $3 trillion regime level. The weekly chart also shows price remaining above the 200-week EMA, while the 300-week moving average continues to act as a long-term market bottom.
The analyst noted that the current structure resembles previous bull market formations, including a double-bottom pattern where former resistance has turned into support. Similar setups appeared before major expansion phases in earlier market cycles. Based on this pattern, Moustache suggested the opportunity to accumulate before Altcoin Season fully develops may be closing.
Altcoin Season Gains Further Support From Golden Cross
Crypto analyst Javon Marks shared a TradingView chart comparing the current market with the altcoin rallies of 2017 and 2021. His analysis highlighted a second Golden Cross, which has remained intact after forming.
Marks believes this technical signal mirrors previous cycles that led to substantial gains across the altcoin market. He added that the current Altcoin Season appears to be in its earliest phase, with historical price behavior supporting the possibility of broader market expansion.
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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