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Altseason Loading? Analyst Explains How FTX $5B Distribution May Trigger The Next Bull Leg

  • Analysts are predicting an incoming Altseason as bullish momentum strengthens across the crypto market amid global economic uncertainty.
  • FTX's distribution of over $5 billion in stablecoins to creditors on May 30th is expected to fuel market liquidity and potentially trigger Altseason.
  • The timing aligns well as Ethereum eyes a breakout above $2,700, which could signal a broader rally for altcoins supported by increasing market momentum.
  • Top analyst Axel Bitblaze believes the $5 billion return of capital could propel Bitcoin towards $120K and initiate the much-anticipated altseason for traders.

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