Ethereum has surged over 15% in just six days, now trading close to the all-important $4,000 level.
Its impressive climb is turning heads, not just because of the price action, but because $ETH’s strength is often seen as the spark that lights up the broader altcoin market.
Many in the crypto space are asking the same question: is this the beginning of the next major alt season? Michaël van de Poppe, co-founder of MN Trading Capital, certainly thinks so. In a post on X, he predicted a 200-500% altcoin rally over the next 2-4 months .
According to him, Ethereum’s recent momentum “is the first step forwards to a more risk-on appetite.”
As $ETH warms up the altcoin markets, this could be the best time to load up on promising tokens, which haven’t yet reached their full potential.
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