💸 $ETH has broken $3000! "I told you so..." 📊
Let the Altseason begin, Crypto Enthusiasts!
For the last 2 months, I've been giving my predictions about 🔷 Ethereum and Altseason with impressive regularity.
For example:
⚫️ Post from October 29:
⚫️ Post from October 12:
⚫️ Post from October 9:
⚫️ Post from October 4:
⚫️ Post from October 4:
💸 What’s happening with $ETH today?
Ethereum has risen to $3037 in the last 24 hours (up 5%).
The total net inflow into spot ETH-ETFs was $85.8 million, making it the third-largest single-day net inflow in history.
BlackRock's spot ETH-ETF received a $60.3 million inflow, the largest in 94 days.
"The Altseason Phenomenon" 🚀
Right now, some Altcoins (alternative cryptocurrencies) are pumping, while others are waiting their turn in sideways movement.
The largest Altcoin by Market Cap - 🔷 $ETH - $366.7B
See the screenshot attached to this post. I’ve written before about Bitcoin's dominance index over the entire Altcoin market. During the US elections, when Bitcoin broke its ATH, Bitcoin’s dominance reached 60.5% (a record high for this cycle), and as I predicted, it started to pull back. Now, it’s at 59%. For this Altseason, I forecast that Bitcoin dominance will drop to around 40%.
Why do Altcoins lag behind $BTC and grow at different speeds?
At some point, $BTC will no longer grow as rapidly as Altcoins.
At the start of a Bull-run, large players 🐋 hold their maximum allocation in Bitcoin (as the least risky crypto asset). After Bitcoin is driven up significantly, buying more Bitcoin no longer seems as enticing or risk-free, so whales start buying Altcoins or moving BTC into Altcoins, increasing their allocation (depending on their risk profile). Altcoins still have plenty of growth potential. They begin to catch up with Bitcoin. Bitcoin’s dominance falls.
During the peak of the euphoria phase (which lasts 4-7 months), whales start locking in their LONG positions in Bitcoin. But if they were to close BTC against $USDT, Bitcoin’s price would fall sharply (BTC/USDT). This is something whales cannot allow, as they need much more time to sell than retail crypto enthusiasts—who can easily liquidate all their Bitcoin during a whale unloading phase. Therefore, whales do this subtly—by shifting their Bitcoin into Altcoins, thus driving up the Altcoin market even more. In the end, they first profit from Bitcoin, then make X10+ on Altcoins.
Right now, we see large volumes of buying in $ETH, $SOL, $AVAX, $BNB... and it’s happening sequentially. Many retail investors are already heavily invested in Altcoins, but whales don’t have enough liquidity to buy everything at once, so the purchases go into different assets one by one. But don’t forget that after this strong growth, there will be a good correction. That’s the time to buy more Altcoins.
In my next post: "Why $TON 📱 is Underperforming the Market and Almost Not Growing?"
Wishing you Profits, Harmony, and an Altseason full of opportunity ✨
Yours, @PilotDAO 😉
🇷🇺@PilotDAO in Ru | ↔️ Bitget | 🔀 BingX | ☝️ Bybit
Let the Altseason begin, Crypto Enthusiasts!
For the last 2 months, I've been giving my predictions about 🔷 Ethereum and Altseason with impressive regularity.
For example:
⚫️ Post from October 29:
And when Bitcoin enters a new consolidation zone, there will be a solid Pump across altcoins, including $ETH. Meanwhile, Bitcoin's dominance will fall.
⚫️ Post from October 12:
Personally, I'm happy we haven’t “launched to the moon” just yet. This is a great opportunity to pick up Altcoins at comfortable levels. I bought $ETH at $2340 during the last dip on Thursday.
⚫️ Post from October 9:
As usual, Bitcoin is the driver of the current bull market, with a subsequent flow of capital into $ETH and then other Altcoins, signaling the start of Altseason.
⚫️ Post from October 4:
⚪️
ETH is approaching the $2400 mark (remember, holding above this level confirms the reversal). As I said, Ethereum looks stronger than Bitcoin right now. Market conditions are still favorable. There’s a high probability the recovery 📈 will continue.
⚫️ Post from October 4:
A significant drop below current price levels is extremely unlikely. Ethereum looks much more appealing now—there’s a good chance this is the best opportunity for buying in the near term. I hope you’ve taken advantage of it even partially and aren’t currently caught in FOMO.
💸 What’s happening with $ETH today?
Ethereum has risen to $3037 in the last 24 hours (up 5%).
The total net inflow into spot ETH-ETFs was $85.8 million, making it the third-largest single-day net inflow in history.
BlackRock's spot ETH-ETF received a $60.3 million inflow, the largest in 94 days.
"The Altseason Phenomenon" 🚀
Right now, some Altcoins (alternative cryptocurrencies) are pumping, while others are waiting their turn in sideways movement.
The largest Altcoin by Market Cap - 🔷 $ETH - $366.7B
See the screenshot attached to this post. I’ve written before about Bitcoin's dominance index over the entire Altcoin market. During the US elections, when Bitcoin broke its ATH, Bitcoin’s dominance reached 60.5% (a record high for this cycle), and as I predicted, it started to pull back. Now, it’s at 59%. For this Altseason, I forecast that Bitcoin dominance will drop to around 40%.
Why do Altcoins lag behind $BTC and grow at different speeds?
At some point, $BTC will no longer grow as rapidly as Altcoins.
At the start of a Bull-run, large players 🐋 hold their maximum allocation in Bitcoin (as the least risky crypto asset). After Bitcoin is driven up significantly, buying more Bitcoin no longer seems as enticing or risk-free, so whales start buying Altcoins or moving BTC into Altcoins, increasing their allocation (depending on their risk profile). Altcoins still have plenty of growth potential. They begin to catch up with Bitcoin. Bitcoin’s dominance falls.
During the peak of the euphoria phase (which lasts 4-7 months), whales start locking in their LONG positions in Bitcoin. But if they were to close BTC against $USDT, Bitcoin’s price would fall sharply (BTC/USDT). This is something whales cannot allow, as they need much more time to sell than retail crypto enthusiasts—who can easily liquidate all their Bitcoin during a whale unloading phase. Therefore, whales do this subtly—by shifting their Bitcoin into Altcoins, thus driving up the Altcoin market even more. In the end, they first profit from Bitcoin, then make X10+ on Altcoins.
Right now, we see large volumes of buying in $ETH, $SOL, $AVAX, $BNB... and it’s happening sequentially. Many retail investors are already heavily invested in Altcoins, but whales don’t have enough liquidity to buy everything at once, so the purchases go into different assets one by one. But don’t forget that after this strong growth, there will be a good correction. That’s the time to buy more Altcoins.
In my next post: "Why $TON 📱 is Underperforming the Market and Almost Not Growing?"
Wishing you Profits, Harmony, and an Altseason full of opportunity ✨
Yours, @PilotDAO 😉
🇷🇺@PilotDAO in Ru | ↔️ Bitget | 🔀 BingX | ☝️ Bybit