Ethereum: The Silent Bull Market Engine
Recently, ETH has surged dramatically, but it's still a bit early to say 'Ethereum is back on top.' One must consider the severe 83% pullback from its historical peak; ETH has gone through a complete bull-bear cycle, more than BTC. Such a deep adjustment actually builds sufficient momentum for the subsequent explosion—like a spring compressed to its limit, the current rebound is merely the first step in correcting its valuation.
BTC is currently being held at the 105,000 mark, waiting for ETH to catch up in exchange rate. When the exchange rate reaches 0.3, BTC will make a significant move. Currently, ETH's exchange rate is 0.025, with a price of 2,610, while BTC's price is 103,906.
The strength of ETH directly determines when the altcoin season will arrive. Over the past three years, every altcoin explosion cycle has followed a clear pattern: the altcoin market will only fully activate when the ETH/BTC exchange rate breaks 0.05. Currently, this value is still hovering around 0.025.
This is why I judge that June to July will be the starting point for the altcoin frenzy; holding ETH now is equivalent to possessing the key to unlock the altcoin market.
