Ethereum approaches its historical high of 4800, Bitcoin breaks new high heading for 130,000 to 135,000 🚀
ETH is likely to face resistance around 5000, entering a period of fluctuation—this will be a brief window for altcoins to perform.
But the real altcoin bull market, in my view, will fully start at the end of Q4 this year.
The logic is simple:
• Rotation of leading assets: the last round was BTC, this round is ETH
• Current altcoins are following but the extent is limited; retail investors have large positions in altcoins, and without washing out leverage, there won't be a big market movement
• The real big rally happens after clearing out the altcoin leverage, when funds flow out from the leaders to cover selling
Altcoin players, don't rush; maintain your positions and wait for that explosive rally.