Altseason Signs Form as ETH/BTC Hits 5-Year Support – Analyst

• The crypto market fell 1.21% to $3.69T, with the Altcoin Season Index at a low of 28
• Analysts see early altseason signs as the ETH/BTC pair holds a 5-year support level
• This will be an ‘institutional cycle,’ favoring fundamentals (AAVE, Maker) over hype

The crypto market has entered another decline, with total capitalization falling to $3.69 trillion, marking a 1.21% drop over the past 24 hours. Bitcoin trades at $109,745, down 0.45%, while Ethereum has dropped 1.87% to $3,843.

Other cryptocurrencies, including XRP, Solana (SOL), Cardano (ADA), and Dogecoin (DOGE), are also in the red. The Altcoin Season Index has slipped to 28 out of 100, confirming that Bitcoin continues to dominate market momentum.

Related: ETH News Today: Funding Rates Flip Bullish for November After $764M in Longs Cleared

Why Are Analysts Watching the ETH/BTC Chart?

Despite the curren…

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