Ethereum’s +40% Move: Could This Be the Start of Altcoin Season?

Bitcoin is now trading near all-time highs as its price continues to rise. Every week that passes without major damage adds another point in favor of the trend.

Bitcoin continues to rise within the 4-year cycle, and this phase is starting to resemble the strong phases that led to greater euphoria in previous cycles.

The only sign to watch for is a double top like in 2021, where Bitcoin surpassed the previous peak but closes below it on a monthly timeframe. However, this is something to consider only after Bitcoin retests its all-time high of $109,000.

---

ETH finally bounces

After the recent reset, most altcoins were heavily impacted, with Ethereum taking the biggest hit. The ETH/BTC has been in a downtrend for 40 consecutive months. What we’re seeing now—a 40% move in a week—is like stretching an elastic band: the farther you pull, the more powerful the snap-back.

We’ve seen many false bounces with Ethereum over the past year, but this weekly candlestick stands out. After months of drifts and lower lows, Ethereum could achieve a weekly close that alters the chart’s character. If this holds, it may be the confirmed reversal we’ve been waiting for.

Interestingly, this could also affect Bitcoin’s market dominance. A stronger performance of ETH relative to BTC might signal a shift in speculation for altcoins as well. If Ethereum and other major altcoins can catch up—or even take the lead—this could become a defining narrative moving forward. The final phase of the 4-year cycle has historically brought such sentiment.

---

Confidence Returns — Slowly, Then Suddenly

We’re already past the middle point of the 4-year cycle, and this is the phase where things can start to heat up. We’ve seen it before — everything starts to lift, sentiment shifts, and people suddenly feel like they’ve missed it.

We’re not fully there yet, but the signs are coming. A strong move in BTC that clears previous highs — especially on a weekly close — would seal that shift.

So we keep watching BTC for leadership, and we watch ETH and the others for confirmation. If both line up, that’s when we start seeing serious upside in altcoins — not only versus BTC, but in USD terms too.

So far, a few charts continue to stand out.

SOL looks like it left a bottom behind. It’s not explosive, but it’s carving out higher levels. That’s what we want to see. I’m personally holding SOL with a trailing stop and gradually taking profits at each key resistance level.

SUI — probably the best setup among the major altcoins with a strong uptrend — is looking promising. If BTC continues and dominance stays flat, this is the kind of name that benefits.

---

Final Thoughts

Bitcoin still looks fine. It’s not exploding right now, but it’s not weakening either. We’re in a strong spot, both on the medium and longer views.

Only later — maybe summer — will we need to start being more cautious. That’s when the seasonally weaker patterns show up again.

We’ll deal with that when the time comes. For now: stay alert, and keep your list tight.

Thanks for reading

PS… Want the complete shortcut to trading altcoins with precision (without wasting months on trial-and-error)?

Click here to grab the Altcoin Profit Toolkit — 8 structured modules + 3 indicators including the Smart Exit Decoder that shows overbought conditions on multiple timeframes, helping you scan, enter, and exit trades like a pro trader.

---

Written by Timothy Assi, an Elite Popular Investor on eToro.

Not investment advice. eToro is a multi-asset investment platform. Your capital is at risk. For information and educational purposes only.

Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk.

Connect with me on:

🟦 Linkedin: Timothy Assi

🟪 Instagram: @panic_drop

⬛ X: @timoassi

📧 timothy@panicdrop.com

🟩 Panic Drop Podcast : on your favorite streaming app

www.panicdrop.com