Is the altcoin season about to start? We might have an answer tomorrow morning!
From November last year to April this year, altcoins experienced a general rise, with increases close to 10 times for coins like PEPE and FET. Currently, ETH is at an important breakthrough position. Although BTC may experience a false breakout at 100,000, this does not prevent ETH from entering an independent rally.
The closing of ETH at 8 AM tomorrow is crucial. If it can hold above the annual dVAH, it means the price has surpassed the holding costs for most people in 2024, and the second wave of increase may officially begin, bringing a new round of altcoin season!