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<p>The post <a href="https://coinpedia.org/news/rising-ethereum-prices-signal-imminent-altcoin-season-analysts-predict/">Rising Ethereum Prices Signal Imminent Altcoin Season, Analysts Predict</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>The cryptocurrency market is officially in a macro bull market that will last until mid-2025, based on historical performance after every <a href="https://coinpedia.org/news/top-5-altcoins-poised-to-explode-after-bitcoin-halving/">Bitcoin (BTC) halving</a>. The process upward will be gradual amid heightened crypto cash rotation. Furthermore, more investors, including institutional traders, are involved in the cryptocurrency market in this bull cycle compared to prior ones following more clear regulatory measures.</p> 
<h2 class="wp-block-heading" id="h-mikybull-crypto-on-altseason-timelines">MikyBull Crypto on Altseason Timelines</h2> 
<p>After an impressive first quarter of the 2024 crypto rally, which saw the altcoin industry move from $750 billion to around $1.2 trillion, more investors have been aligning their portfolios for the next phase. Moreover, most of the altcoins have completed their respective market corrections and are ready for liftoff to retest the all-time high (ATH) led by <a href="https://markets.coinpedia.org/ethereum/">Ethereum</a> (ETH)</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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   <p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/Altcoins?src=hash&amp;ref_src=twsrc%5Etfw">#Altcoins</a> <br><br>ETH/BTC is following the Wyckoff re-accumulation schematics and it's about to continue its uptrend with confirmation of bullish divergence.<a href="https://twitter.com/hashtag/Altseason2024?src=hash&amp;ref_src=twsrc%5Etfw">#Altseason2024</a> maniac phase is about turn-on folks! <a href="https://t.co/5hm8yD1ciB">pic.twitter.com/5hm8yD1ciB</a></p>— Mikybull 
   <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f402.png" alt="🐂" class="wp-smiley" style="height: 1em; max-height: 1em;">Crypto (@MikybullCrypto) <a href="https://twitter.com/MikybullCrypto/status/1782314028221542554?ref_src=twsrc%5Etfw">April 22, 2024</a>
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<p>According to a popular crypto analyst MikyBull Crypto, the next altcoin season will begin as soon as the ETH/BTC rebounds from the multi-year low. The <a href="https://coinpedia.org/price-prediction/market-price-prediction-ethereum-2019/">Ethereum price</a> rebound against BTC is bolstered by the waning uptrend on Bitcoin dominance. Furthermore, the demand for altcoins has remained high amid the high anticipation of spot <a href="https://markets.coinpedia.org/ethereum-etf/">Ethereum ETFs</a> in the United States.&nbsp;</p> 
<p>Notably, <a href="https://coinpedia.org/news/hong-kongs-bitcoin-etf-launch-raises-questions-as-analyst-predicts-limited-inflows-capped-at-500-million/">Hong Kong</a> recently approved spot Bitcoin and Ethereum ETFs with trading expected to begin by the end of this month.</p> 
<p>Do You Know : <a href="https://coinpedia.org/news/analyst-lists-10-low-cap-memecoins-for-infinite-profits/">Analyst Lists 10 Low Cap Memecoins For ‘Infinite’ Profits</a></p> 
<h2 class="wp-block-heading" id="h-top-altcoins-to-watch-out-for-nbsp">Top Altcoins to Watch Out For&nbsp;</h2> 
<p>Although the meme coin industry – led by <a href="https://coinpedia.org/news/dogecoin-doge-price-to-reach-1-in-the-coming-weeks-analyst-predicts/">Dogecoin (DOGE)</a> and <a href="https://coinpedia.org/news/shiba-inu-raised-12m-for-their-blockchain-development-now-what/">Shiba Inu</a> (SHIB) – remains the most profitable altcoins, new crypto narratives have emerged with higher profitability potential. Some of the crypto narratives to keep a close eye on include the respective tokens in the Decentralized Physical Infrastructure Network (DePIN) and <a href="https://coinpedia.org/top-10/top-10-rwa-altcoins-for-10x-profit-in-2024/">real-world asset</a> (RWA) tokenization.</p>

Rising Ethereum Prices Signal Imminent Altcoin Season, Analysts Predict

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