Is New Altcoin Season Here? What Ethereum Rally Is Signaling

Soon after the FOMC meeting, and the US-UK trade deal negotiations this week, altcoins have rallied, led by a 20% Ethereum price pump in the last 24 hours. Other big crypto assets like XRP, Solana (SOL), Dogecoin (DOGE), Cardano (ADA), are also up 7-12% today, leading to discussion around the start of a new altseason. Although some technical charts show strength, market analysts have shared mixed opinions regarding the same.