This morning, 29/5, $ETH is performing better than $BTC with a reverse increase, surpassing the $2,700 mark. In addition to ETH's strong upward momentum against BTC, there are two more reasons for us to expect an upcoming Altcoin Season.
Firstly, although BTC has seen a decline, it is still holding steady above the $106 - 107K range, which is one of the essential factors for an Altcoin Season to occur; BTC must yield some capital to Altcoins.
Secondly, USDT.D has shown signs of breaking support on the Daily and Weekly charts, anticipating another significant drop.
Good news is also supporting the upward trend of the market.
