Are Ethereum, BNB, and Solana poised to lead the next altcoin rally?

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As Ethereum [ETH] ETFs get approved, several speculate that the market will turn bullish, but the opposite was happening with altcoins like

Latest data suggested that altcoins would showcase a bull rally, but top alts like ETH, SOL, and BNB turned bearish.ETFs get approved, several speculate that the market will turn bullish. In fact, if the latest data is to be considered, then the possibility of altcoins beginning a rally seems likely. But will top cryptos like ETH,The analysis highlighted a market-out box, and how a breakout of altcoins’ market capitalization above that level would trigger a massive bull rally.

However, the trend might change as buying pressure continues to remain high. This was evident from the drop in ETH’s exchange reserve.AMBCrypto then checked its daily chart to better understand whether bulls would enter the market anytime soon, allowing ETH to lead the altcoin rally.

 

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