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Post your - 🚀 ETH jumped to $4,600 this morning, up 8.69% in 24h!
Just shy of the $4,891 ATH—think it breaks through?
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ETH breaks through $4200, is this the whistle of the altcoin season?
When ETH, like a sprint athlete with no regard for fair play, directly leaps over 4200 USD, the market's sentiment is instantly ignited. The question arises—Is this the starting whistle for the altcoin season?
Logical Breakdown:
1. ETH is the engine of altcoins. Most altcoin valuation models are essentially "ETH performance + individual narrative premium." A surge in ETH means an overflow of liquidity, which gives altcoins the possibility of attracting funds.
2. 4200 is the emotional threshold. This is a psychological price point, not just a number. It signifies an intensification of the long-short divergence and is also the intersection of FOMO and profit-taking.
3. Flow of funds history: ETH surged → A portion of the funds took profits → Flowed into high Beta altcoins. The premise for this logic to hold is sufficient market confidence and no unexpected issues with BTC.
ETH is like the big brother at a party, igniting the atmosphere first, and then when he's half-drunk, he hands the bottle to the altcoins - "Brothers, it's your turn to party."
Conclusion: If BTC stabilizes and market sentiment continues to rise, there may indeed be a wave of altcoin excitement next. However, be aware that the switch for the altcoin season is in ETH's hands; if the wind changes, the lights will go out and the show will end faster than you think.