DeFi Set to Surge: Charting Suggests Bottom is Forming

Crypto markets may be nearing a turning point, with DeFi’s share of the overall crypto market potentially forming a support zone similar to historical peaks before major rallies. Alphractal analysis suggests this critical juncture hints at a bullish outlook. As Bitcoin dominance begins to decrease, investors are expected to shift capital into other promising sectors like DeFi. Promising altcoins within DeFi include LINK, HBAR, AVAX, OM, UNI, AAVE, DEXE, JUP, ENA, and MKR — all of which stand to gain from increased interest and renewed investor attention.