When Will Altcoin Season Start in 2024 📈
Altcoin monitoring is essential as market developments flood in daily. The next altcoin season promises opportunities, with the current bull market presenting a rare chance to create generational wealth.
Ethereum Spot ETFs: A New Era
Ethereum spot ETFs debuted with over $1 billion in trading volume on the first day, significantly less than Bitcoin ETFs' $4.6 billion. Despite stable prices around $3,480, Ethereum ETFs hold long-term potential. It typically takes around 550 days post-halving for cryptocurrencies to peak.
Altcoin Season Forecast
Ethereum is currently down relative to Bitcoin, which maintains dominance. However, during the last bull market peak in 2021, Ethereum gained significantly on Bitcoin. Historical trends indicate an inevitable altcoin season, with significant movements expected in Q4 2024 and continuing into 2025.
Long-Term Trends Post-Halving
Key events include Bitcoin halving, the introduction of spot ETFs, potential rate cuts, improving global liquidity, and upcoming US presidential elections. Historical peaks occur around 550 days post-halving, projecting significant gains by October 2025.
Additional Insights
Other notable events include potential Bitcoin slip to $60K, Ripple news, and Solana’s strategic moves.
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