In the crypto markets, the eyes were turned into ethereum and subcoins. The fact that gold exceeded $ 3,100 and settled in the summit directed the interest of investor to “safe ports”. However, experts think that this rise underneath is about to end. According to the famous analyst Michael Van de Poppe, a strong recovery may begin in Altcoins, especially Ethereum, if gold falls. So, if this scenario occurs, does the Altcoin season start in April? As Kriptokoin.com, we transfer the details.
Did the gold reach the summit? Refund may affect Altcoin projects
In recent weeks, Gold has increased over $ 3,100 with an aggressive rally. However, this rise may not be permanent compared to many analysts. Historically, when safe port assets rise very quickly, a correction process becomes inevitable. A similar situation is now being discussed for gold.
According to Michael Van de Poppe, a possible withdrawal underneath can re -direct investors to risky assets, ie crypto currencies. This may mean that Ethereum gains strength against Bitcoin and the start of a upward movement in the general subcoin market.
Ethereum can gain strength, Altcoin season can start
According to Van de Poppe’s analysis, the weakness in the ETH/BTC parity may reversed. If gold regresses and investors want to take risks again, this scenario can take place. Especially in the technical appearance of ETH, macro developments can reversed this course.
In this process, capital may begin to flow into crypto currencies other than Bitcoin. This may indicate the beginning of the periods of many altcoin, known as the “Altcoin season ve and experienced harsh rise. Investors may want to evaluate this opportunity well.
Trump’s tax policies and global uncertainty can be effective
The new tax policies announced by US President Donald Trump also influence on investor sensitivity. New customs duties, which entered into force as of April 2, increased volatility in the markets. Although this leads investors to safe ports in the short term, it brings with you the comments that the “risk appetite ında in the long term can return.
Although Bank of America announced its target for gold for gold for $ 3,063 and the 2026 target as $ 3,350, the market is cautious about these expectations. If “fatigue” signs in gold prices begin to be seen, this can lead to positive pricing in the crypto market.
Macro signals can start a new era for subcoins
Historically, the reverse correlation was observed from time to time between crypto currencies and gold. When investors give up safe ports, they turn to more volatile assets with their search for return. This change usually increases demand for subcoins.
Although Ethereum’s performance against Bitcoin seems weak for now, macroeconomic developments can change this rapidly. Especially if investors reshape their positions as of April, the beginning of the Altcoin season may be inevitable. The eyes will be in the mobility of both gold prices and in the ETH/BTC parity.
