Altcoin Season and its leading token ETH analysis updates
Q1 is the golden time for altcoins. ETH is the leader of these altcoins.
With a large number of altcoin ETF applications, increasing stablecoin supply on exchanges, altcoins already oversold, and altcoins prime time, expect the altcoin season to be in full swing in Q1.
check the pic1, from 2016 till now, Altcoin season average return is 82.11%.
$ETH analysis (chart see pic2)
Unfortunately, the ETH chart did not close as expected. However, I am still bullish for February. There is still plenty of time and space to rise, although some dips are expected on the way.
Currently ETH is 3135usd, it could drop near 2771usd, then make U turn.
I still believe $ETH will reach $4,000 and above in February.
If there is change in the market, I will post here.
