- Crypto expert shares bullish indicator signaling a bullish altseason soon.
- In particular, he expects a supersonic altcoin pump.
- The analyst shares a detailed analysis for ETH and ADA.
A reputed crypto expert shares bullish indicator signaling supersonic altcoin pump and altseason arrival. In detail, Dan Gambardello, a reputed face in the crypto community, known as a crypto enthusiast and analyst, shares his latest observation about where the crypto market is going next and what crypto investors and traders can do to prepare for a possibly bullish change in the crypto market from Q4 onwards.
Crypto Expert Shares Bullish Indicator
To highlight, Dan Gambardello highlights a bullish indicator that occurred in 2024 that could be playing out again this year. With the crypto market deep in the ongoing bull cycle, analysts remain bullish despite the lower BTC and ETH prices at the moment. To explore this steady bullish sentiment, Gambardello highlights a highly bullish move that’s coming from the crypto market and shares a detailed video to advise traders on how to take profits in time.
As we can see from the video above, Gambardello begins the video by drawing attention to the fact that the Fed cut rates in September 2024, which was followed by a significant price pump, leading BTC to set a string of new ATHs, which eventually sent the price of the pioneer crypto asset to the 6-digit price range. He also states that now is the time to pay attention, as most analysts remain bullish like himself amidst higher lows.
He then recalls all the previous higher lows set over the last two years that kept most analysts bullish despite short market price dips. These included the correction in Q1 caused by the tariff war, and several other market dips. He then begins by looking at the altcoin price chart and draws attention to the gorgeous cup and handle formation, which is a clear signal for explosive altcoin prices on the horizon.
Next, he talks about how last year, altcoin prices pumped after the rate cut in September 2024, after a short sideways movement. That rate cut was the first rate cut since 2020. Another analyst believes the same pump caused by the last rate cut will not play out as bullishly this bull cycle. However, this analyst highlights the Clarity Act and believes this will act as the fuel for a bullish altcoin and crypto market price pump.
Supersonic Altcoin Pump and Altseason Arrival Ahead
Then he draws light to the altcoin and Ethereum price charts individually. For Ethereum in particular, he marks a multi-year symmetrical triangle pattern and in now anticipating a parabolic pump for ETH price soon. However, he does expect another dip to occur for the price of ETH first. This ETH breakout could then support the greatest altcoins bull market yet, starting with ETH taking the $10,000 price range.
Meanwhile, Gambardello also sheds light on Cardano (ADA) and the ADA ETF that is awaiting approval from the SEC next month. He concludes by stating that an explosive pump for ADA is highly likely for ADA this altseason and expects this breakout could be exceptionally parabolic. The video concludes that most altcoins are well-positioned to hit a string of new ATHs of their own soon.
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