The most concerning question for everyone right now:
Can this altcoin rebound trigger the arrival of altcoin season?
Unless there are large applications emerging in the altcoin ecosystem, altcoins will still be in a rebound and correction market. Bitcoin is consolidating at $100,000, meme coins are adjusting, and funds are rotating to the altcoin sector, bringing market activity.
During this period, many obscure old coins have surged significantly because their institutional holdings are concentrated, making them easier to pump. From a fundamental perspective, ETH's on-chain activity and demand have not changed, gas fees are still at historical lows, inflation pressures remain, and altcoins have high FDV, with the ongoing unlocking disadvantages unchanged. Therefore, the market is still in a rebound and correction phase.
One can pay attention to the rebound potential of tokens in the Ethereum ecosystem; after all, the only ETFs in the U.S. are for Bitcoin and Ethereum, and the position of the "king of ecosystems" is still intact. The earlier FUD led to significant declines in its ecosystem tokens, so there will be considerable rebound space, such as leading staked tokens like LDO; layer twos like OP, ZK, STRK, ARB; and domain ENS, etc. It's important to note that this time the altcoin sector is just a rebound. After there is good space, it is better to take profits, unless there is significant application innovation in Ethereum, leading to a trend-driven bull market.
There is also a volatility risk here: Bitcoin short-term surged from $60,000 to the $100,000 mark, and the open contract size soared from $35 billion to $64 billion, creating momentum to liquidate long leverages. If a de-leveraging trend appears shortly, it would be the right time to enter the market, and there’s no need to worry too much.
