Ethereum surge signals incoming 200%-500% altcoin pump: trader

Ethereum’s current uptrend is believed to foreshadow significant altcoin gains by October, with predictions of 200%-500%. ETH’s rise has sparked investor interest, evidenced by a 38.53% increase in the ETH/BTC ratio over the past month.

Despite optimistic projections, traders like Ash Crypto caution against Ethereum’s typical weakness in Q3, where it has historically delivered only 6.48% returns. Some analysts are divided, with skepticism about the rally’s sustainability versus bullish expectations.

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