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Excellent signals when no one is talking about the altseason. I looked at the social media volume and it really dropped to the lowest level in two years. Previously, when the talk about altseason was everywhere, it was a sign that prices were about to rise. Now, the silence means something else.
Altcoins have really suffered significantly. Dogecoin, Solana, and Cardano have dropped sharply since October. But what I see in chain data is that large holders are accumulating Bitcoin while the price is falling. This is a classic pattern that has happened before.
The Fear and Greed Index is in fear, and Google searches for the best crypto to buy show no movement. But on-chain activity suggests quiet accumulation has been happening. Bitcoin just needs to stabilize before the altcoin market moves. The signals are here, but the timing still depends on the bigger macro situation. It’s just waiting for a catalyst.