"The Altcoin Season" is Coming! Many Technical Analysis Signals Make Investors Excited

Amidst the cryptocurrency market still drowning in red, a technical signal from Bitcoin has led many experts to believe that the “altcoin season” may be returning — a time when smaller coins outperform Bitcoin in terms of returns. Bitcoin Reaches the “Fateful Resistance Zone” According to analyst El Crypto, the dominance index of Bitcoin (BTC Dominance – BTC.D) has just touched the technical resistance area that has created a “reversal” multiple times in the past 18 months. History shows that each time BTC.D is rejected at this level, altcoins enter a strong bullish cycle.

Not only that, the stochastic RSI indicator (Stochastic RSI) is also in the overbought zone, accompanied by a bearish crossover signal – a common sign before trend reversals. Other Signals Are Also Leaning Towards Altcoin CryptoElites analyst emphasizes: if the dominance ratio of stablecoins like USDT and USDC decreases, the flow of money may shift to altcoin. “We are at a turning point – if stablecoin loses its dominance, altcoin will take off,” he shared on X.

Kevin Capital uses the global liquidity index combined with the price of Dogecoin to assert: “This is the time for investors to pay attention to the altcoin market.” But Altcoin is Still Under Pressure… However, data from Blockchain Center shows that it is currently not officially an altcoin season, as only 7 out of the top 50 altcoins have outperformed Bitcoin in the past 90 days — too few compared to the 75% threshold needed to confirm the start of an “altcoin season.” Nevertheless, many experts believe that a boost from monetary policy or a technological breakthrough could quickly reverse the trend. Ethereum – which is the “leader” of altcoin – has not yet strongly recovered, but that could change at any moment.