#AltcoinSeasonLoading Altcoin season might be on the horizon, according to some crypto enthusiasts. The Crypto Altcoin Season Index on CoinMarketCap tracks whether altcoins are outperforming Bitcoin, but currently, it seems we're in Bitcoin Season. Historically, altcoin seasons follow a pattern where Bitcoin's price surges, introducing positive sentiment, then Ethereum and other altcoins follow suit.
Some analysts predict an altcoin supercycle based on chart patterns, citing a potential breakout from a multi-month downtrend. Key factors to watch include ¹:
- *ETH/BTC Ratio*: A bounce could signal altcoin strength
- *Layer 1 & Layer 2 Tokens*: Historically lead early in altcoin runs
- *Volume Confirmation*: Watch for volume spikes near support zones
Top gainers this week include ²:
- *$WIF* (+42%): Dog-themed and Solana-based
- *$ONDO* (+38%): Real-world assets
- *$PEPE* (+29%): Meme coin popularity