The big one is coming! The end of the month 'storm' is approaching, will altcoins skyrocket in August?

As July comes to a close, the market shows an array of highlights.

BTC's monthly chart shows a continuous rise, its strong pattern is evident, showcasing Bitcoin's solid position and strong upward momentum as the leader in cryptocurrency.

ETH also performed remarkably, with a significant monthly increase, successfully breaking through the monthly resistance level, and the MACD indicator is about to form a golden cross above water. This series of technical signals indicates that bullish momentum for ETH is building, and market sentiment is positive.

In summary, both the technical analysis and market sentiment are favorable, and August is expected to usher in a wave of explosive altcoin trends, with many altcoins likely to follow ETH's lead and experience strong upward movements.

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