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A recent question has been frequently appearing across various discussion forums: Is the altcoin season really coming? Today’s market movements seem to provide some answer—PEPE, SUI, HOLO collectively surged, small coins are in a frenzy, while Bitcoin remains steadily sideways around 90k. Looking at this wave of market activity, it is indeed exciting, but from the market’s essence, it’s just a warm-up; the real start of the altcoin season still awaits.
Why do I say that? A careful analysis of the current market reveals the clues. Although small coins are collectively rising, the gains are mainly concentrated in meme coins and a few ecosystem projects, and there is no sign of a broad rally across all sectors. The true altcoin season should look like this: from mainstream altcoins to potential small coins, the entire sector shows obvious gains, and the market presents a blooming scene. Many altcoins are still consolidating sideways, indicating that a large amount of capital has not yet fully flowed in.
Another key factor is Bitcoin’s performance. The repeated oscillation around 90k has not yet formed a clear upward trend. Bitcoin, as the “cornerstone” of the entire crypto market, only when it stabilizes at high levels and maintains momentum will retail and institutional funds feel confident to flow into small coins. This is a necessary condition for the altcoin season to start.
However, today’s market also reveals two signals worth paying attention to. First, meme coins and ecosystem tokens have formed some kind of synergistic effect: meme coins boost sentiment and attract participants, while ecosystem tokens provide stability and draw institutional attention. This dual-drive pattern has always been an important precursor to the start of the altcoin season. Second, the trading activity of small coins has significantly increased; although it has not yet fully exploded, this warming atmosphere has already taken shape.
So the conclusion is very clear: it’s not the time for a full-scale deployment yet. Only when both signals are truly confirmed—especially when Bitcoin breaks through and stabilizes at a new high, and small coins form a broad rally—will it be the truly critical moment to pay close attention.