Altcoin Season Approaching? Key Metrics Hint at Rotation
Bitcoin dominance has shown signs of stabilizing just below the 55% mark, a potential signal that capital could start rotating into altcoins. Historically, this kind of pause in dominance—especially after strong BTC rallies—has preceded altcoin momentum.
On-chain metrics like increased ETH and SOL inflows and rising altcoin perpetual open interest support the idea of renewed speculative interest outside BTC.
Watch closely:
ETH holding above key support near $2,900
SOL reclaiming $150 could trigger acceleration
L1s & high-beta alts like AVAX and INJ showing early signs of strength
Is this the calm before the altcoin storm? Stay sharp—rotation happens fast.
The SEC has once again delayed its decision on several spot Ethereum ETF applications, including those from BlackRock and Fidelity. While the market initially reacted with mild caution, analysts believe this may be a sign that approval is not a matter of if, but when.
Key takeaways:
The next deadline for major ETH ETF filings is in late May.
Political pressure and the precedent set by Bitcoin ETFs may push the SEC toward approval.
ETH is holding steady above $2,900, reflecting cautious optimism.
If a spot ETH ETF gets approved, it could be a game-changer for institutional adoption and a major catalyst for price movement.
Do you think the SEC is just buying time—or are they gearing up to surprise the market?
Altcoin Season Approaching? Key Metrics Hint at Rotation
Bitcoin dominance has shown signs of stabilizing just below the 55% mark, a potential signal that capital could start rotating into altcoins. Historically, this kind of pause in dominance—especially after strong BTC rallies—has preceded altcoin momentum.
On-chain metrics like increased ETH and SOL inflows and rising altcoin perpetual open interest support the idea of renewed speculative interest outside BTC.
Watch closely:
ETH holding above key support near $2,900
SOL reclaiming $150 could trigger acceleration
L1s & high-beta alts like AVAX and INJ showing early signs of strength
Is this the calm before the altcoin storm? Stay sharp—rotation happens fast.