$ETH

Regarding the altcoin season, let's first talk about Ethereum. Ethereum has doubled since it moved from the bottom of the cloud system weekly chart to now. In the past two weeks, it closed with two consecutive dojis, indicating a downtrend, but this week it has already recovered and is still performing strongly. If the cloud system weekly chart reaches the top, the market could reach around 3500-4000. Another important indicator is the exchange rate between Ethereum and Bitcoin (ETH/BTC). Currently, the cloud system monthly chart is at the bottom, and the weekly chart is also at the bottom. If the exchange rate rises significantly, it means Ethereum is completely outperforming Bitcoin, and the altcoin season will gradually begin. Currently, from the perspective of the larger cycle indicators, the trend is bullish, so I remain optimistic about the altcoin season.