Is Bitcoin's kingship no longer secure? Altcoins are gearing up to reach the top!

Recently, market volatility has brought considerable pressure to altcoin investors. However, history tells us that market turns are often accompanied by challenges and opportunities. Bitcoin's dominance may be quietly shaking, paving the way for the rise of altcoins.

At the same time, discussions about Ethereum ETFs are becoming increasingly heated, and the market generally expects it to be approved and listed for trading in early July. The launch of this innovative product is expected to become a catalyst for the altcoin market.

According to data shared by Derek on the social platform X, Bitcoin's dominance has shown a trend similar to the peaks in 2017 and 2021, which may indicate that the prelude to the altcoin bull market is about to begin. Market forces are undergoing subtle changes, and the balance of power between buyers and sellers is also quietly changing.

The highly anticipated Ethereum ETF S-1 is expected to bring a new pattern to the market. This innovative product will not only attract the attention of Bitcoin big players, but may also trigger a chain reaction in the market. In the period before the launch of the ETF, market volatility may be inevitable, but keeping calm and patient will be the key to investors' success.

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Crypto Crusader is optimistic about the cryptocurrency market in July. If the Ethereum ETF is successfully approved, altcoin investors may usher in a wave of enthusiasm. Ethereum is expected to take this opportunity to further consolidate its market position, challenge Bitcoin's hegemony, and drive the development of ERC20 projects. As the summer progresses, the price of Bitcoin may even hit a high of $80,000 to $100,000, and the altcoin market is also expected to usher in a new prosperity.

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