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get your reward instant from my first post This post discusses the current crash in altcoins, with major altcoins dropping over 40% in two weeks and some on-chain altcoins plummeting by over 70%. The key reasons for the crash are: 1. Uncertainty surrounding spot Ethereum ETFs, despite SEC approval. 2. Macroeconomic factors, including lower-than-expected US inflation, a strong dollar, and high interest rates, which create a low liquidity environment unfavorable for altcoins. However, crypto analyst Michaël van de Poppe predicts a potential altcoin rally if Bitcoin dominance reverses. He notes that a reversal in Bitcoin dominance could spark an altcoin rally and highlights the significance of key support levels for Ethereum against Bitcoin and the impact of macroeconomic indicators like dollar strength and US treasury bond yields. The post concludes by encouraging readers to stay tuned for further updates on the altcoin market and inviting them to engage with the content by liking, following, resharing, and commenting. Additionally, it appreciates tips for the hard work put into providing investment articles and advice.

get your reward instant from my first post This post discusses the current crash in altcoins, with major altcoins dropping over 40% in two weeks and some on-chain altcoins plummeting by over 70%. The key reasons for the crash are:

1. Uncertainty surrounding spot Ethereum ETFs, despite SEC approval.

2. Macroeconomic factors, including lower-than-expected US inflation, a strong dollar, and high interest rates, which create a low liquidity environment unfavorable for altcoins.

However, crypto analyst Michaël van de Poppe predicts a potential altcoin rally if Bitcoin dominance reverses. He notes that a reversal in Bitcoin dominance could spark an altcoin rally and highlights the significance of key support levels for Ethereum against Bitcoin and the impact of macroeconomic indicators like dollar strength and US treasury bond yields.

The post concludes by encouraging readers to stay tuned for further updates on the altcoin market and inviting them to engage with the content by liking, following, resharing, and commenting. Additionally, it appreciates tips for the hard work put into providing investment articles and advice.

Avertissement : comprend des opinions de tiers. Il ne s’agit pas d’un conseil financier. Peut inclure du contenu sponsorisé. Consultez les CG.
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