Ethereum has shown strength, suggesting that altcoins may be poised for a significant rally, potentially offering gains of 200-500% in the coming months. The recent surge in Ether's price is attracting traders who are increasingly willing to take risks. Michaël van de Poppe, Crypto trader and co-founder of MN Trading Capital, expressed a bullish stance on altcoins and cited Ether's 6.09% increase over the past 24 hours. The ETH/BTC ratio has also seen notable gains, indicating a favorable sentiment towards Ether. However, some analysts caution against the optimistic outlook due to Ethereum's historical performance in the third quarter, often marked by bearish trends. Despite skepticism from some traders, there are indications that institutional interest is rising, potentially supporting a continued upward trend in Ether's value. Overall, while some traders advise caution, others foresee a bullish shift inspired by Ether's upward movement, pointing to a volatile yet promising future for altcoins by October.

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