ALT Coin Revival???

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Is the 2025 Bull Run still on? Will there be an alt season?

I don't know that survival of a week of bad CPI and PPI data is enough to confirm that.

But there is some evidence that the massive wick to the downside on 2/2 for alts (this chart shows the 'OTHERS' index, the true alts, those out of the top ten in market cap) constitutes a bottom.

The latter was, I think, part of the largest liquidation event in the history of cryptocurrency. $2.2 billion, quite a shakeout.

What the 2D on 'OTHERS' shows me:
>Support of price action on the 100d & 200d SMA's (and the tightness of of the two).
>The acute bullish SMT Divergence vs BTC. (The drop in BTC, in itself, wasn't remarkable.)
>Long signals on multiple momentum indicators. (I show, here, Cipher B and Lux Algo's Oscillator.)

What I still need to see in order to invest in an Alt Season:
>A return of price action into the Value Area formed by 2024 price action. (A couple daily closes above the VAL? Or, better still, a weekly close above it?)
>A consistent increase in volume, the flow of money into the space. (Without out such, the 'rally' we've seen in spite of bad economic news, is likely to peter out.)
>Signs that BTC's excruciating slumber is over and that it is ready to take another shot at price discovery.

I do pay especial notice to those alts that have out performed 'OTHERS'. They are worth watching in March.

What the consensus on crypto?

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