Slowly, but surely, we can see the fact that #Altcoins are showing momentum.

Breakouts are happening across the board, while also major caps are showing some momentum.

What will happen? Here's a guideline.

In the recent months, the markets have been going sideways, creating a ton of boredom across the field.

Even coins like Chainlink have been doing a full retrace after they've witnessed the CCIP release. What's happening?

Well, the overall sentiment is still that the markets are continuing to fall, which might be possible. On the other hand, the Bitcoin dominance is down since the test of the 200-EMA, which is in line with the previous cycles too.

That means that, as we're again 8-10 months before the halving of Bitcoin, we can expect to see a surge on altcoins, rather than a downwards moving markets.

And yes, of course, if Bitcoin falls another 10% in September, the USD values of altcoins will start to fall too. But did we see that happen in the previous corrections?

Not entirely. We've seen a case where the BTC pairs of altcoins are bouncing up. That's a slight sign of strength. If that continues to happen, we're on the edge of having breakouts on altcoins across the board.

There's a high chance that we've seen the low on Ethereum against Bitcoin as well, as we're having the case of the low 252 days prior to the halving of Bitcoin.

Add to that the case that we're most likely going to see an approval of the Ethereum ETF futures to be confirmed in maximum one month from now.

The bull market always start when nobody expects it and, this might be the period.