Get ready for a big move 📈

It seems very boring right now.

$LINK around $13

$ONDO below $1

$SUI below $3

$KAS is no longer 10 cents

$QUBIC still has a lot of zeros

$TAO is struggling to break through $360

There are no movers except $SEI or $SPX

But the start of the 2021 Altseason was similar 👇

Sometimes, the market is highly volatile.

Other times, it moves silently, and this is one of those times.

The above chart shows the market cap of altcoins outside the top 10, quietly telling a powerful story.

Just like in 2017 and 2021, we have seen two significant retests in key areas.

In the previous two cycles, these retests were the last calm before the altcoin explosion season.

We are now in exactly the same structure.

🔹 2019–2021: sideways fluctuations, 2 retests → altcoin season

🔹 2023–2025: sideways fluctuations, 2 retests → ?

This situation is not happening by chance. It is a process where liquidity is quietly accumulating before turning into risk.

Speaking of liquidity, there is still much work to be done behind the scenes:

✅ BlackRock just bought $750 million worth of Ethereum ETF in June

✅ ETH ETF inflows have reached $5.4 billion, primarily driven by institutional purchases

✅ BlackRock is considering including SOL, DOT, ADA in future ETFs

✅ The Federal Reserve still plans to cut rates twice this year, with September seeming to be the launch window

✅ David Sacks expects the market to heat up again in July

✅ Bitcoin's dominance is reaching its peak, indicating that capital is ready to flow back into altcoins

Equally important: due to last month's geopolitical turmoil, a significant amount of funds have flowed into BTC as a hedge. Now that tensions are easing, altcoins are back in focus.

We have seen this before.

Altcoins gradually fade into silence, losing people's attention, and just when everyone is feeling bored, they make a comeback with a tenfold momentum.

If this pattern continues, then boring days may be numbered.

The real altcoin season of 2025 may just be starting to heat up.