🚀 Will ETH Kickstart Altcoin Season? 🚀

$ETH smashed $4,600 — highest since Dec 2021 — as ETF inflows, whale buys, and DeFi adoption surge.

🔹 Key Signals:

BTC dominance <58% — capital rotating to alts.

Record $238B ETH transactions in July.

Layer-2 usage at all-time highs.

💬 Jamie Elkaleh (Bitget): “True alt season needs sustained alt outperformance, rising alt market cap & ETF-driven liquidity.”

🏦 Institutions shifting narrative:

BTC = “Digital Gold”

ETH = “Backbone of Future Finance”

📊 Bottom line: ETH leads, alts follow — but we need more data before calling it a full-blown alt season.

#ETH #AltcoinSeason #CryptoMarkets #BinanceAlphaAlert $ETH #ETH5kNext?