$ETH Arthur Hayes indicated in a recent post on his blog that he expects altcoins to gain momentum once Bitcoin surpasses its all-time high of $110,000; it could rise further, approaching $200,000. However, he warned that the performance of altcoins may not be strong during their potential bull season.
Analyst Mustash believes that the bulk of the altcoin rise has not come yet. He thinks the worst is over and anticipates the emergence of many positive candles in the future. Crypto Rover noted in a recent post on platform X that altcoins are emerging from a 140-day downtrend. He pointed out that this could signal the beginning of a massive bull season ahead.
Analyst Wimar X also expects the biggest altcoin season in history is about to begin, with altcoins forming a triple bottom pattern, indicating a potential price increase. He predicts that the total market capitalization of altcoins could reach $15 trillion during this cycle, although such forecasts carry significant risks due to the volatility of cryptocurrency markets.
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