So Ben Cowen thinks it's officially Ethereum Season. Since April, altcoins and even Bitcoin have been bleeding against ETH. His big point is that ETH is offering the upside of altcoins - without the huge downside risk. Basically, it’s the “safe” growth bet right now.
He says ETH has “gone home,” meaning it reached its expected bottom versus Bitcoin, which historically kicks off its major rallies. Now, he believes ETH is heading toward new all-time highs - maybe $6K to $7K - though not in a straight line. He expects a potential pullback around September or October before a bigger move up.
Ben’s core thesis? ETH has momentum, altcoins don’t (yet), and trying to beat ETH with smaller coins is riskier right now. So if you’re in crypto, sticking with ETH and Bitcoin makes the most sense until alts “go to their range lows,” which could signal their time to shine - but that’s likely months away.
In short: ETH is the star of the show for now.
