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- Welcome Kevin_Lee to the Gate Square! 🎉
Looking forward to more great crypto insights from him.
Check out and engage with Kevin_Lee’s latest post!
👉 Post: https://www.gate.com/post/status/11758920
👉 Profile: https://www.gate.com/profile/Kevin%20Lee
Let’s give Kevin_Lee a warm welcome! 👏👏👏
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- 🚀 Gate Square Creator Spark Program is Live!
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📄 More info 👉 https://www.gate.com/announcements/article/45695 - 🎉 Gate Alpha Second Points Special Airdrop is coming!
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📸 Alpha Points Snapshot: June 24, 16:00 (UTC)
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ETH is poised to break through $3200 as analysts predict a new alt season is approaching.
[Block Rhythm] On June 27, the technical pattern of Ethereum indicates that ETH is expected to welcome a significant rise, potentially initiating an "alt season" in the coming weeks or months. Crypto assets analysts state that using Wyckoff Technical Analysis suggests that the Ethereum price may break through the $3,200 mark. Multiple analysts predict that the target price for Ethereum in this cycle is $10,000 and above.
On June 26, Joao Wedson, the founder and CEO of Alphractal, stated that the altcoin season index is signaling opportunities. Over the past 60 days, Bitcoin has outperformed altcoins, and the altcoin season index remains in the green zone below 20%. This is not necessarily a "bad thing"; he believes "this could be a great opportunity to accumulate while altcoins are still lagging behind." Whenever the index breaks through the 20% mark, it tends to surge rapidly in a short time, exceeding 80%, at which point the "lagging" altcoins begin to outperform Bitcoin.