Solana: Analyst Sees Bull Flag That Will Trigger Rally Above $150

2. RSI break out! (confirmed!)Retweet/Like for updates!…

— JD ???????? (@jaydee_757) January 12, 2024

His theory about Ethereum ushering in the altcoin season is also backed by recent sentiments in the crypto market. All attention looks to be turning to Ethereum in anticipation of a potential approval of the Ethereum Spot ETFs. Market intelligence platform Santiment recently noted how traders are particularly bullish about Ethereum. 

With this in mind, ETH could begin to post significant gains against Bitcoin in the coming weeks, setting the tone for other altcoins. ETH already showed huge strength post the Spot Bitcoin ETF approval as it rallied to $2,700, the first time it has attained this level since May 2022. 

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Author: Scott Matherson

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