Let's take a look at Crypto Total 2 Marketcap.
In the altseason 2.0, monthly candlesticks of Crypto Total 2 Marketcap(Excluding BTC marketcap) were green for 3 months, including the month that broke 2018 Jan ATH(All Time High).
While I tried to analyze the period before the altseason 1.0, it was meaningless. Because, Crypto Total 2 Marketcap had consistently increased until the end of the altseason 1.0.
As I previously said, the common thing for the altseasons 1.0 and 2.0 is that altseasons ended 18 months later of each altseason.
If this cycle follows the past pattern, I assume it will end at the end of this October. If yes, only 2 months left..
It's a relief that ETH price is close to 2021 ATH. I guess it would cross 2021 ATH next month, driven by expectations of a rate cut next month, rather than at the end of this month 🤔
If ETH price surpasses ATH in USD next month, I expect that the altseason 3.0 will start from the month, and I think it will last an extremely bullish market for at least 2 months.
Let's keep our eyes on the market condition whether it would be able to end this October or will extend more until December 🧐
🎄🦌🛷❄️☃️📈🚀🌙🙏
Hopping to see this play out...ready for some pull