Altseason or Ethereum season?
Altseason is a period when capital begins to actively shift from Bitcoin to altcoins, leading to a strong rise in most of them. As of today, analysts believe that the altseason is in an active phase:
The altcoin season index has recently increased, while Bitcoin dominance has decreased from over 64% to about 59%.
Accordingly, one can speak of the altcoin season, with Ethereum, as the largest among them, leading it.
As for the concept of 'Ethereum season', it is less official - it usually refers to investor focus on $ETH , but it is more a part of the broader altseason process.
Can ETH reach $4,500?
There are sufficient grounds to forecast such growth:
After breaking through $4,000, the price of Ethereum is currently facing resistance around $4,100, and in the case of a breakout, many expect a move towards $4,500.
The growth is accompanied by active on-chain metrics: record transactions, an increase in active addresses, a decrease in supply on exchanges following clarifications from the SEC, as well as institutional purchases.
More optimistic scenarios set targets in the range of $5,000–$6,000 already this year.
However, it is important to remember the possibility of a correction: the zones of $4,800–$4,900 may trigger a pullback to $3,900–$4,000.
