Upcoming Altcoin Surge Predicted as Market Shows Signs of Recovery
Altcoins are showing a strong bullish bias with over 70% leaning long, amid Bitcoin's indecision around $105k. While many altcoins are still in the red, the market is poised for a potential short squeeze, especially if Bitcoin stabilizes or rebounds from recent volatility. The current setup suggests a strategic risk-taking environment, with traders betting on a market rebalancing that could trigger a rally in altcoins.