$SUI The current state of the market indicates an increasing likelihood of altcoin surges. The recent rise of Ethereum and the broader altcoin market cap (TOTAL2) surpassing key technical levels suggest renewed upward momentum. Analysts note that many altcoins are forming bullish patterns, and some expect a 'banana zone' reminiscent of the altcoin season of 2021. This often coincides with increased interest from retail investors and a search for higher returns beyond Bitcoin.
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