Altseason is coming, 40% daily gains to become ānew normalā ā Analyst
Altseason is coming, 40% daily gains to become ānew normalā ā Analyst
Altcoin markets are flashing early signs of a breakout, with several analysts calling for a potential surge over the next few months.
Crypto commentator Mister Crypto predicts the next 3 to 6 months could be ālife-changing,ā suggesting daily gains of up to 40% may soon become the norm.
In a May 11 post on X, he pointed to a chart from BlockchainCenter.net that shows whether the crypto market favors Bitcoin
BTC or Altcoins.
When the index is below 25, itās considered āBitcoin Season,ā meaning Bitcoin is outperforming most altcoins. When itās above 75, itās āAltcoin Season,ā meaning altcoins are doing better than Bitcoin.
Currently, the chart shows a breakout from a downward trend just below the 29 mark, suggesting a possible shift away from Bitcoin dominance. This breakout hints that altcoins may start gaining momentum, potentially entering a period where they outperform Bitcoin.
Source: Mister Crypto
Related: Chance of Bitcoin price highs above $110K in May increasing ā Hereās why
This Altseason may be different
Others see the rally but warn itās not the same as previous cycles. Analyst 2Lambroz agrees that the altseason may have arrived but says the dynamics have changed.
āPeople want to bid but lack belief in any strong narrative,ā he wrote on X. He noted that unlike 2021, thereās no sign of retail investors entering the market. Traders are rotating capital faster, with little incentive to hold long-term positions.
Technical trader Moustache offered a more optimistic view. He shared a chart showing repeating altcoin accumulation phases followed by explosive growth. According to him, the current structure mirrors those of 2016 and 2020. āAltseason 2025 has officially begun,ā he said.
However, skeptics remain. Commentator Rekt Fencer pointed out that most altcoins have been down 90% since December. A modest 10% bounce this week sparked exaggerated optimism, prompting him to mock the rally. āThis is the ALTSEASON weāve all been waiting for,ā he joked.
Source: Rekt Fencer
Related: Bitcoin āmore likelyā to hit $110K before $76.5K ā Arthur Hayes
Crypto market rallies on global optimism
Crypto markets started the weekend with strong bullish momentum, driven by renewed investor confidence. Bitcoin surged to $104,900, just 4% below its all-time high after President Donald Trump announced positive developments in US-China trade talks.
The rally extended beyond Bitcoin, with Ether
ETH
$2,470
posting one of its best daily performances in weeks. Memecoins also rebounded sharply, signaling renewed risk appetite across the broader altcoin market.
Crypto rallied on a wave of global optimism,ā Hank Huang, CEO of Kronos Research, told Cointelegraph. āCeasefire talks between India and Pakistan eased regional tensions, while news on U.S.-China trade tariffs signaled renewed cooperation between major economies.ā
Huang added that Etherās strong rally added fuel, lifting altcoins across the board. āBitcoin surged to $105K as investors returned to risk assets, clarity replaced uncertainty,ā he noted.
Magazine: Bitcoin eyes ācrazy numbers,ā JD Vance set for Bitcoin talk: Hodlerās Digest, May 4 ā 10