Date: 2025-05-27
Key takeaways:Ethereum has reclaimed a key level that preceded 100%+ rallies and triggered past altseasons.Altcoin market cap could surge toward $15 trillion if Bitcoin dominance repeats its post-halving drop.Despite bullish signals, ETH remains fragile, with $123B in supply near cost basis at risk of flipping into a loss.Ethereum’s native token, Ether (ETH), has reclaimed a key technical level that has historically preceded sharp price gains and marked the start of an “altseason” across multiple market cycles in the last five years.ETH price can double in the coming monthsThe level in question is the mid-line (~$2,600) of the Gaussian Channel—a moving average-based band that tracks long-term momentum—on the 2-week chart.ETH/USD two-week pr...
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