Analytics Company CEO Says “The Real Altcoin Season Is About To Start”, Shares Altcoins He’s Most Bullish On

Cryptocurrency analytics firm Alphractal has identified a key cluster of on-chain support for Bitcoin between $56,000 and $71,000, signaling a potential buying opportunity.

According to their latest report, this range showed high levels of transactions, miner fees, hash rate, and miner revenue; factors that historically indicate strong market support.

If Bitcoin approaches or breaks below $71,000, analysts at Alphractal suggest that a bottom is likely to form as underlying fundamentals could strengthen market sentiment and influence miner behavior.

According to analysts, historically, onchain clusters have formed in critical price zones such as:

• $200-$400
• $2,000 – $5,000
• $6,000 – $12,000
• $15,000 – $26,000

These past support levels have often preceded significant price moves, making the current range one to watch closely.

Related News: Most Important Deal in Cryptocurrency History is About to Be Made: Insiders Speak Out

Joao Wedson, CEO of Alphractal, said in his statement that the real altcoin season is about to begin. He believes that the cryptocurrency market has entered a strategic accumulation phase, especially for altcoins:

“We are at a strategic moment to accumulate solid projects before the next big rally. Keep an eye on newly launched projects.”

Wedson is particularly bullish on gaming-themed altcoins, citing their undervaluation and potential for exponential growth ahead of the release of GTA 6 in late 2025.

*This is not investment advice.

Continue Reading: Analytics Company CEO Says “The Real Altcoin Season Is About To Start”, Shares Altcoins He’s Most Bullish On