Bitcoin rebounded after falling to 103,000, once again standing above MA120
However, many altcoins such as ETH, UNI, and AAVE have basically not broken the new lows of May.
Moreover, the rebound speed is even faster than Bitcoin.
This indicates that the main forces have already completed their accumulation of altcoins.
This year, there will definitely be an altcoin season.
Once the timing and conditions are right, the rally will begin.
The Federal Reserve stopping the balance sheet reduction + interest rate cuts + Ethereum staking ETF + altcoin ETF. These are enough to ignite the market.
Currently, many retail investors in the groups are like startled birds; with a slight rebound + negative news, they surrender and give up.
In 2025, 1 dollar for Dogecoin is absolutely not a problem; 2 dollars can also be imagined.