The cryptocurrency market is experiencing a notable surge as altcoin season is reportedly underway, driven by a breakout in Ethereum. Analysts suggest that this breakout could act as a bullish catalyst for altcoins, with expectations of substantial price increases. Ethereum recently broke the $3,700 mark, with attention now focused on the $4,000 level. The momentum is further supported by significant investments, including a $1.6 billion investment from BlackRock, which is believed to be contributing to the explosive growth in altcoins. Market participants are optimistic, with some predicting that low-cap altcoins could yield returns of up to 1,000 times in a short period.