The recent surge of Ethereum was both expected and unexpected.

Because of the Prague upgrade, I have been hoping for Ethereum to catch up since last month, but I didn't anticipate such a significant increase.

Now there is news that Ethereum has transitioned to a cooperative model, if this is true, it is even more exciting.

The last time Ethereum rose over 20% in a single day was on January 3, 2021.

This time it increased by 24% in one day.

This is also the starting point for the last altcoin season.

Yesterday's large bullish candle may have caused a monthly reversal in the exchange rate.

However, from the perspective of coins like ETH, PEPE, NEIRO, PNUT, MOODENG, etc.,

I really can't believe that the altcoin season could come at this time.

There is hope for the continuation of the altcoin market.