Altcoins rally while BTC ETH retrace could signal altseason

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FUD may have created an opening for altcoins as several projects posted double-digit gains despite Bitcoin and Ethereum’s struggles.

After Bitcoin (BTC) dipped to $55,500 and Ethereum (ETH) dropped to $2,200 earlier this week, many expected further struggles across the crypto market.

However, contrary to the expected downturn, altcoins have experienced a surprising rally. This renewed momentum in the sector highlights the resilience of smaller projects despite widespread fear, uncertainty, and doubt (FUD) among market participants.

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