An altseason is expected by traders, for the opportunity to obtain large profits.
A crisis like the ones Zeberg himself has anticipated could nullify this projection.
Economist Henrik Zeberg, known for his not-so-encouraging macroeconomic forecasts, maintains a short-term bullish stance on cryptocurrencies.
Through his X account, Zeberg bluntly declared: “The altseason IS here! “The altseason WILL CONTINUE!”, a message that raises the hopes of traders looking for big profits in this cycle.
Zeberg accompanies his publication with a graph showing the dominance of bitcoin (BTC) in the digital asset market and his bearish projection for this metric. If that prediction came true, the “altseason”, which is a period in which altcoins have returns that are percentage-wise higher than those of bitcoin.
However, this window of opportunity appears to have an expiration date. In response to a user, Zeberg clarified that The end of this season will depend on the Dollar Index (DXY), whose bottom, it is estimated, will reach “before January or February”. The strengthening of the dollar usually coincides with a risk aversion in the markets, which would negatively affect altcoins.
This optimistic outlook contrasts sharply with its main warning: the imminence of a historic financial crisis. According to Zeberg’s analysis, previously published by CriptoNoticias, the global economy, like the Titanic, “has already hit the iceberg” and is heading towards a collapse. He maintains that the markets face the largest bubble in history, and its bursting would drag down all risk assets, including bitcoin.
For traders and investors, the message is bittersweet. While an altseason offers the potential for significant profits, the severe crisis that Zeberg himself anticipates could drastically negate any gains.
Thus, the analyst proposes a double-edged scenario: a short-term party for altcoins, followed by a historic financial hangover that could erase everything gained.