What you notice here is actually two projects where they corrected their mistake and subsequently increased the price. I can say that the altcoin session has not started yet, there may be time left for them to start. We can guess that maybe from October, if the price of bitcoin increases, then the altcoin session can start. When the altcoin session starts, the entire altcoin session will go into a bull run, so we will not call an altcoin token price increase a bull session.
Since btc bull run has not started yet, so how can we expect alt coin bull run. After btc bull run alt coin bull run will start. After the price of BTC increased, the price of alt coin increased. Now the price of Bitcoin is not increasing, so the price of alt coin is also not increasing. Since the bull run has not yet started, the price of alt coin is unlikely to increase. But they are trying to recovering that the etherium. Now If the bitcoin perform same way the way it perform in the past we could think the bull season and the alt season all will start on the next year first quarter or second quarter.
yeah i see ethereum price recovering and touching $2,600 likely ethereum price will touch $2,700 if bitcoin price approaches $70K but all need time if not bad news bitcoin price goes up again. but if there is negative issue bitcoin price goes down again and market will turn red. Bullish season will happen next year so we can still add to our current crypto asset collection.
Well, It is always fun to analyse the price of Crypto and the change in price, Let me take you through the comparison between Bitcoin and Ethereum. The fact that each rise or each fall in prices can have other factors at work, such as market attitude and world events is crucial. This will keep us fit for purpose as we wait to be ready to give responses rather than having to go in haphazard and come out uninformed by likely daily changes.
Now may be the right time to increase the proportion of cryptocurrency investments in your portfolio, if it is done with great analysis of the situation and understanding of the potential risks. Even though preparations are made for next year’s bull season, one should not go overboard with optimism. In that manner, we can avoid being just preoccupied with the possibilities, and our portfolio remains strong and capable of responding to possible scenarios in the future.