The highest point of market FOMO appeared in the phase of March-April after ETH/BTC bottomed out and began to rebound strongly. The current trend also basically confirms that the next 2-3 months will be a altcoin market.
Before the end of Q1 2025, BTC is still expected to reach a height of $120,000, and during this process, ETH's performance will be even stronger.
The next operations will focus on ETH, but the risks arise during the upward movement. The chart shows that by January, as we approach the year's end, there might still be a wave of adjustment. The upward process should be cautious and leverage should be reduced.
Just like yesterday's big spike in ETH, which completely wiped out those overly confident players.
In January, after another wave of adjustment, altcoins will start performing wildly 🎤.