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Furthermore, the speaker explains that during the altcoin season, many transactions and trades will be conducted using Ethereum, as it is the primary platform for a vast majority of altcoins. This increased usage of Ethereum will contribute to its price appreciation and solidify its position as the backbone of the cryptocurrency ecosystem.
In conclusion, the speaker urges viewers to pay close attention to Ethereum's performance and to position themselves accordingly. He believes that the altcoin season is brewing, and Ethereum's breakout will be the catalyst that unleashes a wave of opportunities for investors in the broader cryptocurrency market.