Current conditions in the cryptocurrency market indicate the beginning of a new altseason, with Ethereum leading while other altcoins await their moment.
Altcoin Cycle in Transition
Market data confirms recurrent cycles where altcoin rallies are followed by sharp corrections. These phases typically align with shifts in Bitcoin dominance and liquidity rotation. Current conditions reflect this same structure, with Ethereum leading and other tokens lagging.
Ethereum Price Dynamics
Ethereum is trading between $4,280 and $4,380. Resistance remains at $4,350, where sellers continue to exert pressure. Support is visible around $4,280, limiting deeper declines.
Market Volatility Analysis
Volatility remains a key element, especially near the end of each cycle. Liquidity rotating from Bitcoin into altcoins tends to amplify rapid price swings. However, analysis indicates that the market has not yet reached this extreme stage of volatility.
In light of the developing altseason, Ethereum holds a prominent position in the market, while other altcoins remain in anticipation. Analyzing volatility and price levels suggests instability, which requires investor attention.
