Ethereum's recent price surge, breaking past $4,200 for the first time since December 2021, has ignited speculation of an impending "altseason." Analysts believe this ETH rally could trigger a short-term buying spree across various altcoins. According to Coindesk, cryptocurrency analyst Miles Deutscher suggests that as Ethereum's price increases, a wealth effect occurs. Both retail and large investors are incentivized to reallocate capital from ETH into riskier, higher-potential altcoins, seeking greater returns. This initial influx of capital into altcoins could lead to significant price appreciation for select projects. Deutscher further predicts that the profits generated from altcoins will eventually flow into Bitcoin, potentially driving BTC's price to between $120,000 and $140,000 in the coming months. This suggests a tiered investment strategy, where Ethereum's strength acts as a catalyst for broader market gains, first in altcoins and subsequently in Bitcoin. Investors should however, conduct through research before making any investment decisions. ```

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