The market is following my script. Next, ETH will lead the altcoins to bounce back, and then the market will correct.
Let's take a look at Ethereum's trend. Although there has been significant volatility recently, which is not very comfortable to watch, the overall focus is shifting upwards. A few days ago, there was a large bearish candle, but it was quickly reclaimed, and the daily low points are gradually rising, which aligns with previous judgments.
Next, Ethereum may help to warm up market sentiment. Bitcoin's position is too high, making it difficult to attract retail investors, while Ethereum and other altcoins starting to rise could draw back the hesitant and loss-cutting retail investors, creating conditions for the main players' next market move.
In the short term, Ethereum has already rebounded nearly 30%, with limited downside potential; it acts more like a "trigger" for the market, and the real profit opportunities lie in other altcoins, such as the recently strong SUI. Once these coins start to rise together, the market's FOMO sentiment will be ignited.
The main players aim to break the current bearish market expectations by slowly pushing up prices and creating volatility in conjunction with news, making retail investors hesitate and waver, thus creating a rapid surge.
Bitcoin is likely to continue its consolidation, while altcoins still have an opportunity for a rebound, which may be the last round of inducing buying. If the market corrects or even breaks down afterwards, it could be a great opportunity for low buying.
Additionally, the ETH/BTC exchange rate has recently accelerated its decline, which is expected to bottom out and rebound, indicating that the altcoin season may be approaching. At the same time, the frequent surges of new coins are also a tactic used by main players to induce position changes, with a significant risk of selling after pumping and then crashing the price.
If Bitcoin rises to 97,000 and Ethereum rises to 1,900-2,000 USD, with altcoins rising broadly, the FOMO sentiment will truly ignite. After that, a deep adjustment is highly likely.