With the approval of Ethereum ETFs there is a big chance of alt season to start by next month. Already most altcoins are in green today while Bitcoin is in red which is a sign that alt season is coming soon. I am expecting a big bull run this year wherein we will see both Bitcoin and Ethereum creating new ATH before the year end. This will naturally create a rally for altcoins to follow these two dominant force in crypto market.
The approved Ethereum ETF is positive news that will push the price of ETH higher and other altcoins will certainly be affected. I'm quite happy with the good news as I've also started holding some of the top altcoins and indeed waited for AltSeason to actually arrive. But whether AltSeason comes next month or not is still uncertain, because there will be many obstacles that will occur. But the hope is that AltSeason will happen soon, which will provide a lot of profit for diamond hands that hold back the long term.
That's right, the Ethereum ETF provides very good news for altcoin price movements. Soon we will start the movement of the altcoin season which begins with a very high increase in Ethereum prices because they managed to enter the Ethereum ETF. AltSeason is coming soon, maybe in a few days time.