Ethereum 6% Surge Spark 200–500% Altcoin Rally Amid Q3 Risk
Ethereum jump 6% go reach $3,854, e make ETH/BTC ratio rise 38.5% inside 30 days, e rekindle hope for big altcoin rally. Crypto analyst Michaël van de Poppe say altcoins fit gain 200–500% for next 2–4 months, Cas Abbe yan say exchange supply dey fall plus institutional interest dey rise. Traders warn say historical Q3 return average na only 6.5% since 2016, plus August–September dey underperform. If Ethereum break $4,000, about 817 million ETH shorts fit get squeeze, fit trigger plenty wahala surge. Analyst Wolf talk say e go be choppy build-up before any vertical movement, Tom Lee $16,000 ETH forecast still dey ground. Investors suppose watch market feeling, supply numbers and seasonal kasala make dem sabi if rally fit last.
Bullish
The recent 6% surge for Ethereum price, join sharp rise for ETH/BTC ratio and drop for exchange supplies, show strong bullish momentum wey fit drive altcoins go higher short term. Analyst forecast of 200–500% returns and di possible squeeze of 817 million ETH shorts still support immediate upside. But historical data wey warn of muted Q3 returns and normal August–September weakness bring medium-term caution. Long-term, growing institutional interest plus supply constraints fit hold strong growth if dem fit manage seasonal wahala. Traders suppose weigh immediate bullish catalysts against historical seasonal patterns to waka through volatility.