Since March, altcoin market capitalization has fallen, leaving many investors excited about the long-awaited ‘Altcoin Season’. With the market showing signs of a shift, the latest insights from prominent analyst Crypto Banter provide hints as to when this rally could begin, focusing on USDT dominance (USDT.D) and Bitcoin dominance (BTC.D). Here’s what to expect as we approach a potential market change moment.
Is Altseason finally around the corner?
Highlights of Crypto Banter that daily trading volume is starting to grow, but needs to exceed the $50-60 million level to keep this momentum going. Right now, major events like elections are creating uncertainty, making major investors cautious.
However, once things become clearer, investors with cash may return to the market, reducing USDT (USDT.D) dominance as money moves into cryptocurrencies. If USDT.D drops to around 3%, it could show more money moving into assets, paving the way for a big market rise.
Crypto Banter also notes that Bitcoin dominance (BTC.D) follows a cycle in which Bitcoin’s market share rises and then falls, creating room for altcoins to grow. Currently, BTC.D is peaking, and Banter suggests that Bitcoin’s dominance could decline over the next 300 to 350 days, possibly ending in August 2025.
If this trend continues, it could lead to a strong rally for altcoins as funds shift from Bitcoin to other cryptocurrencies.
Time to collect Altcoins
Complementing the expectation, the total market cap for altcoins (excluding Bitcoin) is forming a bullish falling wedge pattern. Historically, this pattern often breaks to the upside, which could result in a substantial increase in altcoin prices. If the current trend matches past moves, the altcoin market cap could stage a significant rally, sending it soaring to new highs.
However, he warns that many investors are missing the start of the altseason by waiting until altcoin prices are already soaring. Banter suggests that this could be an optimal time to accumulate altcoins, especially those showing strong performance against Bitcoin.
Ethereum Can Lead the Altcoin Wave?
Ethereum (ETH) could be a major player in the next season. Although ETH is underperforming, Banter notes that it is currently sitting at the 200-week moving average, a key support level. This positioning could signal a reaccumulation phase, making ETH one of the blue-chip altcoins to look for potential upside in the next market wave.
With USDT.D, BTC.D and market cycles aligning, all signs point to a possible altseason in the coming months, with a possible peak in late 2025.
Credit : coinpedia.org
