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List of Flash News about 1D chart confirmation

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2025-06-01
22:36
Alts Season Analysis: Why 1W and 1D Timeframe Trend Confirmation Matters for Altcoin Traders

According to Mihir (@RhythmicAnalyst), traders should move away from the broad concept of an 'Alts season' and instead focus on analyzing individual altcoins using the 1-week (1W) timeframe to determine uptrends. The tweet emphasizes that if a coin initiates an uptrend on the 1-day (1D) chart, it's a positive signal, but confirmation on the higher 1W timeframe is crucial for making strong trading decisions. This approach helps traders identify early altcoin momentum and more accurately time entries and exits, which is critical in the volatile crypto market (source: Mihir on Twitter, June 1, 2025).

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