Bitcoin’s record-breaking rally to $124K renewed market confidence, leading to Ethereum’s surge from $1,385 to $4,800 in four months.
ETF providers and treasury-backed entities purchased billions in ETH, driving a 3.5x rise while most altcoins maintained relatively flat performance.
Analysts project Ethereum’s $10K target by early 2026, with altcoins gaining 10x–50x following September lows in the anticipated altseason.
The crypto market is witnessing a sharp shift in momentum, with Ethereum now leading gains after Bitcoin’s earlier record-breaking rally. Analysts are outlining a clear six-month roadmap that could set the stage for a long-awaited altseason.
Bitcoin’s Breakout Sparks Ethereum Momentum
According to market commentary from Bull Theory on X, Bitcoin’s move beyond its $69,000 all-time high to $124,000 renewed investor confidence. During this period, Ethereum initially lagged but later surged from $1,385 to $4,800 within four months.
https://twitter.com/BullTheoryio/status/1955924186280419644
Bull Theory noted unprecedented buying activity, including $1 billion worth of Ethereum purchased in a single day by ETF providers. Treasury-backed entities have also reportedly raised substantial funds to expand ETH holdings, contributing to the current 3.5x rise in its value while most altcoins remain flat.
Money Flow Cycle Points Toward August Altcoin Gains
The observed price action follows a traditional market flow pattern: Bitcoin rallies first, followed by Ethereum, then high-cap altcoins, and finally the broader altcoin market. Bull Theory suggests that Ethereum is on track to break its all-time high, potentially surpassing $5,000 and triggering liquidations on short positions.
This stage could result in selected altcoins gaining between 2x and 3x by the end of August. The post also warns of a possible September pullback in ETH, potentially testing $4,100. This phase may see market makers and large holders selling altcoins, causing a final shakeout before a broader market recovery.
Road to a Multi-Month Altseason
Bull Theory’s projection places the final quarter of 2025 as the start of the next major market expansion. After September’s anticipated lows for altcoins against both BTC and ETH, Bitcoin is expected to lead another rally into year-end.
The analysis foresees Ethereum regaining strength and driving altcoins sharply higher, with the most aggressive gains occurring from late 2025 into early 2026. The forecast includes potential 10x to 50x moves from September lows, marking what the post describes as the “real altseason” in nearly four years.
If this sequence plays out, Ethereum could target $10,000 by March–April 2026, with altcoins sustaining strong upward momentum through the same period.
The post Ethereum Set to Break $5K as Analysts See Altcoins Doubling by August End appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
