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The House Of Crypto

Market Sentiment and Upcoming Bull Market

The current market sentiment is at rock bottom, which is a good indicator that a bull market is approaching.

  • Historical comments from January 2021 are being repeated, which were followed by a significant bull run.
  • The market is due for a cooldown after the election of Donald Trump and the resulting bullish effect on crypto.

Ethereum's Potential

Ethereum is underperforming, but it has the potential to lead the next altcoin season.

  • Donald Trump's fund is buying $5 million of Ethereum daily, totaling over $200 million.
  • Ethereum's transactions are lower than Solana's, but it benefits from building strength in transactions.

Market Makers and News

Market makers control the markets, and news is used to distract from the actual market movements.

  • Big institutional money and market makers will drive the price higher when they decide it's time.
  • Bitcoin's recent stall and pullback are typical, and a bounce is expected.

Ethereum's Chart

Ethereum is in a bullish pattern, with a potential rally from its current support levels.

  • The relative strength index (RSI) has bounced off from an oversold level, indicating a potential move higher.
  • Ethereum's previous bull market top was 58% higher than its current price, and it has the potential to rally like it did in January 2021.

Old Coins and Altcoin Season

Old coins can recover quickly, and altcoin season is not a myth.

  • Examples of Manor Decentraland and Solana show that coins can pull back significantly and then rally.
  • The most influential people, like Donald Trump, are buying into Ethereum, which could indicate a potential bull run.

Conclusion

The market is due for a bull run, and Ethereum has the potential to lead it.

  • The current sentiment is bad, which is a good time to buy.
  • Old coins can recover quickly, and altcoin season is a possibility.
  • Exchanges like Bitternix and Weekes offer low fees and a wide range of altcoins, making them a good option for investing in the crypto market.