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.
BTC ETF and ETH ETF have become a strong proof if crypto is starting to be adopted by so many big companies. If this will still conitnue and im totally believing that if altcoin will season come as soon as possible, The main requirement if bitcoin must be bulish in order to help altcoin to perform even better this season.
If bitcoin will still do sideways altcoin season will not even come soon. This is caused by altcoins will increas as long as bitcoin breaks a new ATH. This is gonna very help ful for the whole of crypto.
Crypto will be stable if bitcoin will not be increasing as soon as possible. Never try to have a big expectation for this. Altcoin will remain stable as long as bitcoin will not make a big move like being pumped to the above 75k