Gracy Chen: No Traditional Altseason Ahead

Gracy Chen of Bitget told Forbes this cycle will skip classic altseason, keeping Bitcoin dominance high and pushing low-utility tokens lower as winners separate sharply from losers.

Chen added that tokenized real-world assets RWA market projections 2030 point to nearly 10% of global financial assets, aligning with Bitcoin dominance cycles and altseason history from the past year. BTC trades at $59819.47 inside its Bollinger band with upper resistance at $64335.21 and lower support at $58578.58. The 4h structure shows a bearish trend as price sits below both EMA50 at $62530.32 and EMA200 at $67358.86, while MACD at -1013.48 confirms the death cross and RSI at 36.09 remains neutral; any bounce toward the 50-EMA faces immediate rejection risk before a deeper test of the lower band.