Ethereum’s latest surge might be the spark for the next big altcoin season. Crypto trader Michaël van de Poppe says he’s “all-in” on altcoins, expecting 200–500% gains in the next 2–4 months.
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ETH Leading the Way
Price: Up 7.23% in 24 hours, now at $3,928.17
ETH/BTC: Up 38.53% in the last month, showing Ethereum is outpacing Bitcoin.
Strong ETH often signals risk-taking, with traders moving into altcoins for bigger gains.
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Mixed Reactions from Traders
Bulls: Van de Poppe says this is just the start of a major move. Cas Abbe points to falling ETH supply on exchanges and rising institutional interest—calling it the “perfect time to rekt the bears.” Analyst Wolf says Tom Lee’s $16K ETH target could play out with “volatility, disbelief, then verticality.”
Bears: Ash Crypto warns August–September are historically weak months for ETH, averaging just 6.48% Q3 returns. Trader Muneeb believes “this leg is done for now.”
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Why $4,000 Matters
If ETH pushes to $4,000, it could trigger the liquidation of $817M in short positions—fuel for an even bigger rally.
If the bulls are right, altcoins could explode by October, delivering some of the year’s biggest opportunities.