{"c003f45babc973d973e3cc4170aeb315":"Crypto analysts speculate that the massive weekend leverage flushout, which wiped billions of dollars from the crypto markets, may have just paved the path for \u201caltseason 3.0\u201d","43638306ca80637b91a020aeb1f76ab2":"\u201cEvery major expansion in crypto has included sharp 30% to 60% resets along the way,\u201d observed analyst and researcher \u2018Bull Theory\u2019 on Monday.","91ab1e736055c83c856c0e3ccd97855a":"March 2020 saw almost 70% wiped off markets in the pandemic-induced black swan event, and May 2021 saw more than 50% wiped out. There were at least five other 30% to 40% altcoin slumps during the last bull market cycle. ","d36e2f74998d646b02da1ca348f3dfe1":"The market crash in April this year had many calling it the beginning of the bear market. Yet \u201ceach of those wipes looked like the end [and] each was followed by the strongest rallies of the cycle,\u201d the analyst added. ","e7009cb656debe1f3bafc9d69ea45010":" The previous bull market had multiple altcoin market flushes. Source: Bull Theory","d4902a6964b2eb1ded0ca73df2260b5d":"Altcoins will bounce back  ","17d76375b816cb9d3281489532fa7fdd":"Altcoins are usually hit hardest during these epic market resets, and this was the case over the weekend with XRP (XRP) dumping at least 18%, Solana (SOL) 22%, Dogecoin (DOGE) 28%, Cardano (ADA) 25%, and Chainlink (LINK) 26% in just a day. ","76838604d03aef75d744051a0fd84771":"After the March 2020 flash crash, \u201cwe had a huge altseason where altcoins pumped 25x to 100x,\u201d said analyst Ash Crypto before adding, \u201cI think it will happen again.\u201d","701dfba5e296bfd482468a91b49cf54e":"Related: \u2018Crowd FUD\u2019 is the best signal for when to buy Bitcoin: Analyst","4fa3b0689e05898ec24809464923970f":"Meanwhile, analyst \u2018Merlijn The Trader\u2019 identified a setup for \u201caltseason 3.0\u201d with a monthly bullish MACD cross on the BTC\/altcoins chart, the same pattern that occurred in 2017 and 2021. ","2c8c28e4c9cd9d04485899cf6b765273":" Chart patterns are looking similar to those of previous cycles. Source: Merlijn The Trader","759e5a774b60c9fa893bb1f272e94c0f":"Total crypto cap falls back below $4T","6e9af1e8db3c5064f9b3aac0cd190baf":"The total crypto market capitalization dipped back below the psychological $4 trillion mark on Tuesday, despite the bullish sentiment regarding the recovery and a potential altseason.","914c8814e7c08b71c5349cc5246c84da":"Bitcoin (BTC) is leading losses with a 1.4% decline on the day as it fell below $113,500 on Tuesday morning. This comes at the same time as several altcoins were posting daily gains. ","742b38538fbc5a6919813a226427b853":"Additionally, Bitcoin dominance, another key indicator of altcoin performance, is forming its first red weekly candle in five weeks as it fell below 59% on Tuesday, according to TradingView. ","d440a68b0d2628807141a496c889a232":"Magazine: Bitcoin\u2019s \u2018macro whiplash,\u2019 Shuffle suffers data breach: Hodler\u2019s Digest"}