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ETH’s positive outlook has heightened altcoin season calls. With BTC faltering below $100K, will the current altcoin season trend be sustainable? According to market analysts, the much-awaited altcoin season could be here, citing strengthening Ethereum [ETH] price and momentum in the segment. As the sector’s health barometer, ETH’s promising outlook added to the altcoin season calls. Jake Ostrovskis, an options and OTC (Over The Counter) trader at market maker Wintermute, noted that the elevated positive outlook for ETH was driving the capital rotation to altcoins. “Is this time (bullish calls) different? The market thinks so. ATM volatility spiking, skew pushing to 12-month highs, and wings (10d) seeing a strong bid.” The implied volatility (IV) spike meant options traders were confident and bullish on ETH’s prospects. If so, that would lift the altcoin segment. $ETH

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$SEI - daily chart One of the #Altcoins I quite like atm. Broke the EMA cluster, retested it, sent higher & now flipping key resistance into support. Looks good.

We doneit guys we teacher atm

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