ENA opportunity

How could one miss such an opportunity? A $2.5 billion liquidation in 48 hours is unprecedented.

The cryptocurrency market recently experienced a significant downturn, with total liquidations exceeding $2.3 billion across approximately 738,000 traders within a 24-hour period. Ethereum was notably affected, leading with $611 million in combined long and short positions liquidated.

Identifying an altcoin season, commonly referred to as "altseason," involves monitoring several key indicators:

1. Bitcoin Dominance Decline**: A decrease in Bitcoin's market share often signals a shift towards altcoins.

2. Altcoin Performance**: When over 75% of altcoins outperform Bitcoin over a set period, it suggests the onset of an altseason.

3. *ncreased Altcoin Trading Volume**: A surge in trading volumes across various altcoins indicates growing investor interest and participation.

4. Market Sentiment**: Positive news, developments, and heightened discussions about altcoins on social media platforms can further confirm the beginning of an altseason.
By closely monitoring these indicators, investors can better position themselves to capitalize on the opportunities presented during an altcoin season.