Altcoin markets flash early signs of a breakthrough, and several analysts require potential growth over the next few months.
Cryptographic commentator Mister Crypto predicts that the next 3 to 6 months may “change life”, suggesting that daily profits up to 40% may soon become the norm.
On May 11 post At X he pointed to the graph from blockchaincenter.net, which shows whether the cryptographic market favors Bitcoin (BTC) or Altcoins.
When the index is below 25, it is considered a “bitcoin season”, which means that Bitcoin exceeds most Altcoins. When it is above 75, it is a “altcoin season”, which means that Altcoins are doing better than Bitcoin.
Currently, the chart shows a breakthrough from the trend below 29 characters, which suggests a possible transition from the domination of bitcoins. This breakthrough indicates that altcoins can begin to gain momentum, potentially entering the period in which they outweigh bitcoins.
Related: A chance for a maximum price of bitcoins above USD 110,000 in May is growing – here is why
This season may be different
Others see the rally, but warn that this is not the same as previous cycles. The 2MBROZ analyst agrees that Altsason may have come, but claims that the dynamics has changed.
“People want to bid, but they lack faith in any strong narrative,” he wrote about X. He noticed that, unlike 2021, there are no signs that retail investors would enter the market. Traders turn capital faster, with a slight motivation to maintain long -term positions.
Technical mustache offered A more sanguine view. He divided the chart showing the recurring phases of altcoin accumulation, and then growth. According to him, the current structure reflects those from 2016 and 2020. “Altsason 2025 officially began,” he said.
However, skeptics remain. Commentator Rekt Fencer noticed that most Altcoins have fallen by 90% since December. A modest 10% reflection this week caused exaggerated optimism, which prompted him to make fun of the rally. “This is the season we all waited for,” he joked.
Related: Bitcoin ‘more likely that they will reach $ 110,000 before $ 76.5,000 – Arthur Hayes
Market cryptocurrencies on global optimism
Cryptographic markets began the weekend with a powerful stubborn rush, led by the renovated investor’s trust. Bitcoin increased to USD 104,900, only 4% below its highest time after President Donald Trump announced positive achievements in US-Chin trade talks.
The rally stretched beyond Bitcoin, and Ether (ETH) published one of the best daily performances for weeks. Memecoins also reflected sharply, signaling the renovated appetite at the risk on the wider Altcoin market.
“Crypto gathered on the wave of global optimism,” said Cointelegraph Hank Huang, general director of Kronos Research. “Talks about the suspension of weapons between India and Pakistan softened regional tensions, while news about US-China trading tariffs signaled the renovated cooperation between the main economies.”
Huang added that the powerful Ether rally added fuel, raising altcoins all over the board. “Bitcoin increased to USD 105,000, when investors returned to risk assets, the clarity replaced uncertainty,” he noted.
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