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Is Altcoin Season Likely to Return with Ethereum’s Performance?

Market Signals Affecting Altcoins: The crypto market shows mixed signals ahead of crucial economic announcements. Recent market data indicates a strong U.S. Dollar at 107, potentially affecting the influx into altcoins despite a rebound in market capitalization to 1.53 trillion USD.

Ethereum’s Critical Levels: Ethereum is currently consolidating near significant levels, with resistance at 4,092 USD and support at 3,021 USD. Its Movement will dictate altcoin dynamics; a breakout above 4,100 USD could confirm an altcoin season.

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