Altcoins are the winners of this cycle.

Iravan774

Cryptocurrency analysts say forget about Bitcoin, Altcoins are the winners of this cycle.

Before the Bitcoin halving, all eyes were on the flagship cryptocurrency Bitcoin, as market analysts predicted further upside for crypto tokens. However, cryptocurrency analyst Jason Pizzino recently put forward strong reasons for alternative tokens like Ethereum (ETH) and Solana (SOL) and why they should also be on your radar.

Ethereum and Solana still poised for strong advancements ahead of Bitcoin
Pizzino stated in a video on his YouTube channel that Ethereum might see a breakout in the coming months. This comes after his analysis of the ETH/BTC pair, where he pointed out that while Bitcoin is currently hitting all-time highs (ATH), Ethereum seems to be consolidating.
As emphasized by the analyst, this is similar to previous bull markets when ETH consolidated while Bitcoin was reaching new ATHs. However, as Bitcoin cooled off, ETH quickly saw significant gains. Therefore, if history repeats itself, ETH might soon witness a trend reversal and move upwards parabolically.
Pizzino also mentioned SOL as another alternative token that might adjust its value to new prices based on Bitcoin. In the previous bull market, as Bitcoin hit new ATHs, crypto tokens experienced significant drops. However, the trend quickly reversed, and SOL enjoyed upward opportunities.
Thus, if history repeats itself, SOL, like ETH, might be poised for a price surge. Pizzino added that now is the time to recognize and view any price dips as buying opportunities, positioning for the upcoming price rallies.
Ethereum showing some strength
Cryptocurrency analyst Michaël van de Poppe responded to Pizzino's views in a post on his X (formerly Twitter) platform. Analyzing the ETH/BTC pair, he pointed out that so far, ETH's price hasn't made any significant impact on Bitcoin's price. However, he added that it's a "good sign to see Ethereum slightly strong."
Like Pizzino, van de Poppe also anticipates Ethereum to make significant adjustments to Bitcoin's value soon. The cryptocurrency expert explicitly stated that he still has "a lot of expectations" for the second-largest cryptocurrency token by market capitalization. Besides Ethereum, van de Poppe continues to advocate for other alternative tokens, as he believes they are still undervalued.
In another X post, he emphasized that altcoins have dropped by 25% to 40% from recent highs. However, van de Poppe states that now is the best time to take positions, and these consolidations should be seen as opportunities rather than drawbacks.

977Iti

Bitcoin is still the more impressive one.