Altcoins will explode just when everyone has grown tired of waiting for results from them.
"The altcoin season will begin when two key events align: 1. Quantitative easing must begin, injecting more liquidity into the system, and 2. Bitcoin's dominance must reach around 70%."
Bitcoin's dominance, a measure of the asset's market share, currently hovers around 61%, according to CoinGecko.
With a total market capitalization exceeding $3 trillion, signals point to a widespread market rebound. Ethereum (ETH), in particular, stands out as one of the most promising assets, driven by its upcoming ETF listings and increasing institutional backing. Some analysts, like BitBoy, project that ETH could reach $15,000 by the end of 2025, and that Bitcoin could reach $250,000. The growth of AI-based blockchain projects and the long-awaited arrival of the "Altcoin Season" heighten enthusiasm, suggesting that 2025 could be a transformative year not only for BTC and ETH but for the entire crypto ecosystem.
The cryptocurrency market seems poised to enter an "altcoin season," as Bitcoin's dominance, which recently reached 62%, has drastically decreased to around 55% in just two weeks, before recovering to 58.6% at the time of writing this article, indicating that the altcoin season is approaching. This drastic shift indicates a redistribution of capital from Bitcoin to other major altcoins, often a precursor to a strong altcoin rally.