I have ths same opinion as the creator. If history repeats itself, this cycle will end this October. However, I'm also skeptical whether ETH(Ethereum) price will be able to cross $10k within 4 months 🤔
That means, it might be an extremely bull market for this September and October. I guess the fuel would be stsking spot ETH ETFs which can attract significant capital into the altcoin market.
As I said before, altseasons are not correlated with SOL(Solana) price surging. It's only correlated with ETH price.
ETH price surging first, then, altseason. If ETH price crosses $15k this cycle, it will be nice! Cause, this cycle's ETH bottom price was around $1.5k.
Therefore, I guess this cycle's average price increasing ratio might be 10 times, not 50 times. If you are lucky, you would get 20 or 30 times. If you are not lucky, you would get 5 times. Then, the next 3rd altseason will end. It's all about luck 🙏
I just feel that so much attention and development has turned to SOL and SUI. BNB wallet numbers are up as well. The chain remains strong.
Perhaps I'm wrong but I don't see ETH even getting to $8K
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