Ethereum

Hope

Rekt (rektarb.xyz)

Rekt

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/rekt-capital-predicts-altcoin-market-surge-linked-to-ethereums-performance/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Rekt Capital Predicts Altcoin Market Surge Linked to Ethereum’s Performance</a><br></p>
<p style="text-align: justify">Crypto strategist Rekt Capital accurately predicted Bitcoin’s correction period ahead of its halving, suggesting that a significant movement in the <a href="https://en.coin-turk.com/swissone-capital-predicts-federal-reserves-rate-cuts-will-impact-bitcoin-dominance/" data-wpel-link="internal" rel="noopener noreferrer nofollow">altcoin</a> market could occur with Bitcoin’s rise. He noted that Ethereum’s increase might initiate a rally among altcoins.</p>
<h2 style="text-align: justify" id="ethereum-s-rise-inspires-hope-for-altcoins">Ethereum’s Rise Inspires Hope for Altcoins</h2>
<p style="text-align: justify">In a statement on social media platform X, Rekt Capital expressed that Ethereum (ETH) could start a new upward trend by surpassing critical levels. He indicated that if ETH exceeds the $3,700 mark, this move could positively impact the entire altcoin market. Rekt Capital emphasized the importance of Ethereum’s current price movements for altcoin investors.</p>
<p style="text-align: justify">Ethereum recently closed above $3,700 and is currently trading at $3,731. Observers highlight that these levels could signal new peaks for ETH. As ETH gains value, a flow of capital is anticipated to initially move towards Ethereum, followed by mid and small-cap altcoins.</p>
<h2 style="text-align: justify" id="bitcoin-approaches-critical-levels-capital-may-shift-to-altcoins">Bitcoin Approaches Critical Levels, Capital May Shift to Altcoins</h2>
<p style="text-align: justify">For Bitcoin (BTC) , Rekt Capital forecasts that a daily close above $97,450 could trigger a new bull run. He mentioned that Bitcoin is currently attempting to break beyond the peak of the bull flag. A daily close above the $97,450 resistance could sustain the trend and potentially invigorate the altcoin market.</p>
<p style="text-align: justify">As of writing, Bitcoin is trading at $97,891, raising expectations for six-figure price points in the <a href="https://en.coin-turk.com/a-comprehensive-look-at-uniswap-uni-a-rising-star-in-the-crypto-market/" data-wpel-link="internal" rel="noopener noreferrer nofollow"></a><a href="https://en.coin-turk.com/sec-accepts-hashdexs-19b-4-application-for-crypto-etf/" data-wpel-link="internal" rel="noopener noreferrer nofollow">crypto</a> market. Rekt Capital stated that Bitcoin’s rise could facilitate a shift of capital towards altcoins. Maintaining Ethereum above $3,100 could be crucial for initiating this capital rotation.</p>
<p style="text-align: justify">According to the crypto strategist, closing above specific levels for leading cryptocurrencies is essential for a market-wide rally. Investors must closely monitor price movements during this period, as the performance of Ethereum and Bitcoin will determine the fate of the altcoin market.</p>
<p>The post <a href="https://en.coin-turk.com/rekt-capital-predicts-altcoin-market-surge-linked-to-ethereums-performance/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Rekt Capital Predicts Altcoin Market Surge Linked to Ethereum’s Performance</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal" rel="noopener noreferrer nofollow">COINTURK NEWS</a>.</p>

Rekt Capital Predicts Altcoin Market Surge Linked to Ethereum’s Performance

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