Altcoin Rally Signals & Strategy – Crypto analyst VirtualBacon reveals his altcoin portfolio and strategy amid a rising market, cautioning that the rally is not yet a full altseason.

The altcoin market is showing early signs of a rally, but renowned crypto analyst VirtualBacon urges caution. In a recent post on X, he shares his altcoin portfolio, trading strategy, and macro insights, offering valuable perspectives for investors.

The crypto market is slowly showing signs of recovery, especially in the altcoin sector. However, renowned crypto analyst VirtualBacon is urging investors to remain cautious.

In a recent post on X, formerly Twitter, the crypto analyst shared his altcoin portfolio, trading strategy, and macro insights, offering valuable perspectives for investors navigating the volatile market.

"Since April 1, the altcoin market has grown by at least 27.23%. As the chart shows, smaller altcoins like PEPE, TAO, and SUPER have seen some serious gains, each reporting a rise of at least 40%. But the bigger names like ETH and SOL have also seen some impressive gains, with ETH surging by 64.5% and SOL by 37.7% in the past 30 days."

According to VirtualBacon, the temporary halt of the US-China tariff war for 90 days has also helped reduce market volatility and boost liquidity. He adds that the Global Liquidity Index recently posted its first higher high since 2021, a key indicator for an altcoin season.

However, despite the positive momentum, VirtualBacon cautions that the market has not fully entered an altcoin season.

"We are still in an early stage of the bull market, and we’re tracking the key indicators closely. For example, we’re keeping an eye on the US Federal Reserve and when it might pause Quantitative Tightening (QT). Only then will we really be able to say that the market is in a full-blown altcoin season."

Here are some of the best altcoins to watch this week:

• Ethereum (ETH) & Solana (SOL): Both coins are recommended for their strong fundamentals.

• L1 Exposure: ALGO is recommended for its low price, liquidity, and tokenomics, while IOTA is highlighted for its new Move-based L1 and mainnet.

• Solana Ecosystem: JUP stands out as a dominant player in the Solana ecosystem, while BORG (Mobile DEX) and SAROS (DLMM platform) are also promising projects.

• SUPER is recommended for its consistency and long-term potential, especially with upcoming staker rewards.

• TAO can be compared to Bitcoin in the AI crypto space, with the token showing a 2x rise from its low, following its recent subnet launch and token upgrades.

• PEPE's market cap has risen dramatically from $2B to $5B in a month, while PENGU is recommended for its cultural meme and strong consolidation after the latest airdrop.

• AXL and CHEX are recommended for their solid fundamentals, with AXL showing no significant unlocks and CHEX compared to Securitize for BlackRock's BUIDL fund.

As the crypto market continues to recover, investors are keeping a close eye on any positive developments that could further boost market confidence.