🚀 ETHEREUM SEASON IS HERE – ALTCOINS LEFT IN THE DUST 🌙

Crypto analyst Benjamin Cowen has made it crystal clear — this is no “altseason.” We’re deep in an Ethereum takeover. His latest analysis shows that since April, altcoins (excluding Bitcoin and Ethereum) have tumbled roughly 50% when compared to $ETH .

This sharp underperformance proves that while a handful of altcoins are still holding strong, the majority are getting crushed in ETH terms. Cowen points out that as long as ETH/BTC keeps rising, alts measured against $BTC might see some lift — but their ALT/ETH pairs are likely to keep sliding for another week or two before any real rebound.

ETH CLOSING IN ON ALL-TIME HIGHS

Today’s surge tells the same story — Ethereum jumped nearly 9% in 24 hours, landing just below $4,700. That’s only about 4% away from its historic $4,900 peak. If ETH breaks past the $5K psychological barrier, the market could flip into an aggressive “risk-on” phase.

WHAT IT MEANS FOR ALTS

If Ethereum pushes into new price discovery territory, it could set the stage for a delayed altcoin rally. Historically, smaller caps start moving after ETH tops out and cools down, as capital rotates.

For those who entered under $3,000, now might be a smart moment to secure some profits. Even in powerful bull runs, sudden corrections can blindside late buyers.

For now, make no mistake — it’s Ethereum’s spotlight. Altcoins will eventually get their turn, but all eyes are locked on ETH’s charge toward $5K.