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Last Dip For Altcoins? Expert Predicts Final Correction Before Bull Market Resurgence Newsbtc il y a 2 semaines

Last Dip For Altcoins? Expert Predicts Final Correction Before Bull Market Resurgence 📉

Ethereum Solana Cardano Bitcoin Ash Crypto

The cryptocurrency market confronts a broader decline, with altcoins such as Ethereum experiencing notable losses, nearing 20%. Ethereum struggles to surpass the key resistance level of $4,000, which has thwarted new record highs.

Market expert Ash Crypto views the current stage as a "mid-cycle correction," possibly heralding a path to recovery and higher gains for altcoins. Historical patterns hint at potential growth, with past similar movements preceding an altcoin season.

Despite recent volatility, Ethereum shows signs of recovery, rising from $3,100 to over $3,200, igniting traders' optimism. Ash warns of possibly another dip before a lasting recovery materializes.

Whales might manipulate prices, targeting retail investors before an anticipated full bull mode. Ash's analysis suggests potential consolidation, estimating a bullish cycle peak as high as $3.39 trillion.

Bitcoin's dominance may have peaked, leading to a likely altcoin season. As Ethereum trades above $3,200, alongside rises in XRP, Solana, and Cardano, it's unclear if another correction awaits before historic gains for altcoins.

Source : www.newsbtc.com ↗

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