Santiment: Ethereum fees hit a six-month low, indicating the upcoming altcoin season

The on-chain and off-chain indicator platform Santiment indicates that despite the continuous rise in Ethereum's price, the Gas fees on the Ethereum network have fallen to a six-month low. This could signal an upcoming rebound of altcoins. Traders' sentiment often peaks at market tops and bottoms out at market lows. In February this year, Ethereum's Gas fees reached an eight-month high, while current low fees may indicate increased future activity on the Ethereum network and the start of an altcoin rebound.