Ethereum-led Momentum Could Trigger Altcoin Season
I agree with Coinbase’s view that a fuller altcoin season may be emerging, led by renewed institutional interest in Ethereum. The altcoin market cap jumping over 50% since early July and LDO’s gains reflect early rotation beyond Bitcoin.
I see two main catalysts: continued institutional flows into ETH and a potential September Fed rate cut that could boost retail inflows. That said, recent gains mean further upside depends on persistent liquidity and conviction.
I’m watching ETH and liquid-staking tokens like LDO for confirmation, and I’d scale positions on pullbacks while keeping disciplined risk controls if macro momentum weakens.
Analysis
Recommendation
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.