🤙 Altseason?



After the inflation data I warned you about, the market has started stepping on the gas even more — especially ETH.

That’s because everyone is now confident in a September rate cut and is actively pricing it in.

ETH is just a couple of percent away from breaking its ATH, followed by large-cap alts, while smaller ones (mid-caps / memes) are standing by, waiting for liquidity to flow in.

What’s next is hard to say for now. I’m hoping ETH, similar to BTC after hitting 5K, will pause, consolidate, and let liquidity flow into the alt market.

But don’t forget about extreme overheating and the risk of a correction. The worst thing you can do now is FOMO long at the very top.

💡 Keep your emotions in check. Pullbacks and opportunities will come.
MORE0.31%
ETH0.4%
IN14.39%
CAPS-0.95%
post-image
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.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)