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Do you remember 2019? That year, Trump was stirring up the trade war. The market was anxious, but by June, there was a general expectation that interest rates would be cut in July, with a probability of over 80%, similar to the current 93% probability of a rate cut in September. As a result, from June to July that year, tech stocks like Nvidia and TSL surged by around 30%.
If Ethereum replicates this script this year, rising from 3500 to 4550 in two months (about a 30% rise), how much can other altcoins follow? According to the historical experience of altcoin seasons, if Ethereum rises by 30%: large altcoins like BNB, SOL, XRP, and ADA can average a 50%-100% surge, while small to mid-cap altcoins have a high probability of rising by 100%-300%;
DOGE and SHIB are more wild among these MEME coins, with 100%-500% considered normal.
Hoping this market trend will be as decisive as carving a mark on a boat, preferably even stronger than in 2019. However, history does not simply repeat itself; the market is something that needs to be observed as it unfolds.
#Crypto market retracement $BTC