"90% chance of rise in one year"...Ethereum Fund Inflow Ignites Altcoin Bull Run

▲ Ethereum (ETH)

Fund inflows into Ethereum (ETH) spot ETFs have begun to surpass those of Bitcoin (BTC). At the same time, an analysis suggests that a price re-evaluation rally for the entire altcoin market, which had been neglected for some time, is imminent.

Dan Gambardello, host of the crypto-focused YouTube channel Crypto Capital Venture, asserted in a video uploaded to his YouTube channel on April 24 (local time) that Ethereum would lead the next altcoin bull market. Gambardello cited the recent surpassing of Bitcoin spot ETF inflows by Ethereum spot ETF inflows as evidence, noting a massive shift in institutional funds.

Gambardello predicted that Ethereum, growing into a core chain of the global financial infrastructure, is fully capable of reclaiming the $10,000 mark. Chart analysis revealed that Ethereum has been consolidating energy over a long sideways period of approximately 1,600 days since its last bull market peak. If Ethereum, which experienced a 94% correction in past bear markets, begins a full-fledged rebound, it is expected to create a powerful trickle-down effect across the entire market.

The structure of the altcoin market, excluding the top 10 by market capitalization, is following almost the same trajectory as Ethereum's chart. The altcoin market, having also undergone a 92% correction in the past, has now completed a rebound preparation phase similar to Ethereum. Gambardello analyzed that once Ethereum's significant price increase begins, small and medium-sized altcoins, which have been suppressed, will undergo simultaneous price re-evaluations.

Institutional investors' accumulation activities in major assets like Chainlink also support the possibility of an altcoin rally. Institutions have already completed large-scale portfolio constructions, breaking through a four-month downtrend, and are expected to generate explosive synergy in conjunction with the Federal Reserve's liquidity provision. With the altcoin risk model index currently at 16, the probability of a price increase in one year approaches 90%.

Although there is skepticism that the market has been diluted by the proliferation of numerous meme coins, actual liquidity is concentrated in top projects with core technological capabilities. Gambardello emphasized that the data captured on the charts tells a completely different story from the theory of altcoin extinction. With a robust technological foundation coupled with the inflow of institutional funds, the altcoin market is now set to move beyond a mere rebound and enter a new price formation phase.

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