The overall trend of altcoins currently still depends on the performance of ETH. As one of the market's barometers, the movement of Ethereum often determines the sentiment and rhythm of altcoins. From a technical perspective, its monthly chart has completed the bottom formation, and the trend is beginning to tilt upwards, with the subsequent rise basically just a matter of waiting for time. Looking back at the recent rhythm, the market started in April, had a significant rise in May, and then experienced a brief adjustment in June. If this rhythm continues, it is highly likely that from July to September we will enter a main bullish phase. As for positive factors, once the market starts to move, it is often accompanied by various positive news releases, which is a common pattern in the market.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
#Dr.Han Joins Gate Square
The overall trend of altcoins currently still depends on the performance of ETH. As one of the market's barometers, the movement of Ethereum often determines the sentiment and rhythm of altcoins. From a technical perspective, its monthly chart has completed the bottom formation, and the trend is beginning to tilt upwards, with the subsequent rise basically just a matter of waiting for time.
Looking back at the recent rhythm, the market started in April, had a significant rise in May, and then experienced a brief adjustment in June. If this rhythm continues, it is highly likely that from July to September we will enter a main bullish phase. As for positive factors, once the market starts to move, it is often accompanied by various positive news releases, which is a common pattern in the market.