Are altcoins showing signs of a recovery?

[cryptohog]

Q: What signals suggest altcoins could rebound?
A: Three key indicators are aligning. First, the ALT/BTC pair has printed four consecutive green MACD bars for the first time since 2020, a period that previously led to a ~60% altcoin rally against Bitcoin over three months. Second, the ISM Manufacturing PMI has remained above 52 for three straight months (52.6 in January, 52.4 in February, 52.7 in March), signaling improving economic activity. Third, Consumer Price Index inflation is at a five-year low, creating a more favorable environment for risk assets like altcoins.

Q: Why is the MACD signal important?
A: The MACD trend reflects momentum. A sustained shift from red to green on ALT/BTC suggests altcoins are beginning to outperform Bitcoin after nearly four years of underperformance following the 2022 bear market.

Q: Does this confirm a full altcoin season?
A: No. Analysts note that a full alt season typically requires stronger macro conditions, including PMI above 55, broader liquidity expansion, and a decline in Bitcoin dominance.

[cryptoenthusiast]

this is one of the more convincing multi-signal setups we’ve seen in a while, especially with macro + technical aligning

[johnblockbuster]

comparing everything to 2020 like conditions are the same