Economist Henrik Zeberg predicts a surge in the altcoin market, driven by euphoria and speculation.
Euphoric Bull Run
Zeberg analyzed the TOTAL-ETH-BTC chart, which measures the market cap of crypto assets excluding Bitcoin and Ethereum. He believes it’s on track to reach a “euphoria” level near $1.83 trillion.
Central Bank Interest Rates
Zeberg suggests that central banks cutting interest rates, like the ECB and Bank of Canada, often precedes a recession. However, he leaves it open whether we’re in a late cycle or on the cusp of a new economic expansion.
Altseason on the Horizon
Zeberg predicts that the altcoin season, where altcoins outperform Bitcoin, will send them “flying” higher. He believes this speculative phase will lead to widespread euphoria.
Cautions and Disclaimers
Zeberg emphasizes that his opinions are not investment advice and that investors should conduct their own research before making any decisions.
