Degen

One prominent market analyst predicted that altcoins are poised to grow significantly over the weekend;

 An anonymous trader who goes by the pseudonym Bluntz has published a tweet explaining that the price charts of altcoins against the price of Bitcoin are issuing bullish signals.

Blunts said in his tweet:

The best scenario is for Bitcoin to suffer in a horizontal channel for a week and altcoins to take turns growing over the weekend. Many market charts confirm this scenario.

Blunts continued to examine layer 1 networks such as Ethereum, BNB and SEI and pointed out that Bitcoin's suffering can benefit these altcoins.