The crypto market is gearing up for what could be the beginning of a powerful Altseason, with daily gains of up to 40% potentially becoming commonplace over the next few months, according to analysts.
Crypto commentator Mister Crypto pointed to BlockchainCenter.net‘s altcoin vs. Bitcoin dominance chart, noting a breakout just under the 29 level. This move could signal a shift away from Bitcoin dominance, paving the way for altcoins to outperform.
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When the index is below 25, it’s considered Bitcoin Season; when it’s above 75, Altcoin Season. The current breakout indicates rising altcoin momentum, possibly leading to a market environment favoring riskier crypto assets.
This Altseason Might Be Different
Not everyone is sold on the idea. Analyst 2Lambroz noted that while an Altseason may be underway, investor sentiment and market dynamics have changed. There is no dominant retail narrative, and traders are cycling capital quickly without long-term commitment.
In contrast, technical trader Moustache remains optimistic. He shared historical chart patterns from 2016 and 2020, suggesting Altseason 2025 has officially begun based on similar market structures.
Still, skeptics like Rekt Fencer caution that most altcoins remain down over 90% from December levels. A modest 10% bounce this week, he argued, has caused overexcitement. “This is the ALTSEASON we’ve all been waiting for,” he joked sarcastically.
Global Optimism Fuels Crypto Surge
Crypto markets surged over the weekend, driven by renewed global optimism. Bitcoin climbed to $104,900, just 4% shy of its all-time high, following positive U.S.-China trade developments and easing geopolitical tensions between India and Pakistan.
Ethereum (ETH) and memecoins rallied sharply, with investors returning to risk assets. “Markets gained clarity, and that boosted confidence,” said Hank Huang, CEO of Kronos Research.
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