Has the season of altcoins finally begun?
Ethereum's price registered gains exceeding 20% over the week, while altcoins like SOL, DOGE, and BNB rose, and LINK jumped by 30%, raising questions about the start of the altcoin season.
The year 2025 saw record performance for Bitcoin, which peaked at $122,838 in July, while most altcoins lagged behind their historical levels.
However, with Ethereum's price rising more than 50% over the month, the general mood has changed, even the famous trader “Arthur Hayes,” who sold his ETH holdings anticipating a downturn, returned to buy them back admitting his mistake.
Analysts believe this season could be different; according to trader “Ito Shimotsuma,” each cycle and altcoin season is smaller than the previous one, and only coins with strong narratives and clear revenue models will outperform.
Meanwhile, “Miles Deutscher” warns that the rise may be limited, and “Benjamin Cohen” confirms that what we are witnessing now is the season of Ethereum, not the season of all altcoins.
In contrast, Bitcoin's dominance has dropped to 59.2% as its performance slows against altcoins.
With the bullish indicator returning, Bitcoin is moving with it, while investors are watching the impact of macroeconomic factors on the market's trajectory and the sustainability of this momentum
#BinanceSquare #BinanceArabia #BinanceExplorers #Write2Earrn