I’m not holding my breath for some insane, parabolic altseason like the good old days. Sure, the big-cap alts will tag along with ETH for now, but once ETH chills out, I’m not expecting the fireworks we’ve seen in previous cycles.
Right now, the pump is mostly thanks to ETF inflows, aka “boring” institutional money that’s definitely not looking to gamble on your favorite low-cap moonshot. Of course, some diehard cryptobros will take profits and toss them into whatever coin X is hyping this week, and the “altseason is coming” crowd is still alive and well. So yeah, we could still see some upward action.
But let’s be real, this is all still chained to macro. Yesterday’s move? Pretty much inflation numbers doing the heavy lifting. Crypto loves to pretend it’s independent… until the CPI report drops.
Now let’s just kick back and enjoy ETH’s climb—maybe even dragging AVAX along for the ride. And who knows, that shiny new ETH all-time high might be closer than you think… or at least closer than your low-cap bag ever recovering. 😅
