Market analysts and cryptocurrency commentators are anticipating a significant upward movement in Ethereum (ETH) prices, with expectations that ETH will soon surpass its previous all-time high. This potential breakout is compared to Bitcoin's 2020 price run, characterized by phases of accumulation, breakout, and a parabolic surge. Predictions suggest ETH could reach between $5,000 and $15,000 in the near term, with some forecasts extending to $10,000. Concurrently, Bitcoin (BTC) is projected to hit $200,000. The decline in Bitcoin's market dominance from 65% to 59% over two months is seen as a signal that altcoins, including ETH, Binance Coin (BNB), Solana (SOL), Dogecoin (DOGE), and XRP, are poised for substantial gains, potentially increasing 20 to 100 times in value. Analysts highlight that this anticipated "altseason"—a period of rapid altcoin price appreciation—may commence in September, potentially triggered by a Federal Reserve interest rate cut. The market setup is likened to previous altseasons in 2017 and 2021, with technical indicators such as a bearish MACD cross in Bitcoin dominance supporting this outlook. Investors are advised to maintain their positions amid expected volatility to capitalize on the projected parabolic growth in cryptocurrency portfolios.