Forget Altseason — This Is Ethereum Season, and Here’s Why 🚀
Benjamin Cowen just set the record straight — what we’re seeing isn’t “altseason,” it’s Ethereum’s time to shine.
His latest data shows altcoins (excluding BTC and ETH) have dropped around 50% against ETH since April. That’s a brutal underperformance. While a handful of alts are holding up, most are bleeding when compared to Ethereum’s strength.
Cowen notes: as long as ETH/BTC keeps climbing, alts priced in BTC might gain, but ALT/ETH pairs will likely keep sliding for another week or two before a real relief bounce.
Price Action Backs It Up
Ethereum just pumped nearly 9% in a single day, hitting just below $4,700 — only about 4% shy of its $4,900 ATH. With momentum fully on ETH’s side, a clean break above $5K could ignite a full risk-on rally across the market.
What This Means for Altcoins
If ETH smashes its ATH and moves deeper into price discovery, it could trigger the next big altcoin run. Historically, alts lag behind during ETH’s surge — but once ETH tops out and consolidates, capital rotation often fuels massive gains in smaller caps.
If you’ve been holding ETH from sub-$3,000 levels, this rally might be a smart time to secure some profits. Even in a strong bull market, sharp pullbacks happen fast — and latecomers often get caught.
For now, it’s crystal clear: this is Ethereum season. Altcoins will get their turn, but all eyes are on ETH breaking $5K first.
