I've been keeping a close eye on Ethereum, and the chatter about it hitting $10,000 this cycle is just wild—in the best way possible! Analysts are pointing to its technical setup, even mentioning the Wyckoff method, as a sign that it's ready for a massive move. It's not just hype either; increased institutional interest (hello, ETFs!) is really fueling this optimism.
The big question, of course, is "Is it altcoin season yet?" The Altcoin Season Index looks promising, suggesting now might be the time to grab those lagging altcoins before they really take off. However, we're still in "Bitcoin season" with its dominance over 65%. A true altseason typically kicks in after Bitcoin dominance spikes past 70% and then drops. So, it feels like we're waiting for Bitcoin to finish its solo dance before the rest of the crypto party gets into full swing. Fascinating times, right?
