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Altcoin Season May Be Brewing, But Will Be More Selective, Analysts Say

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A group of major altcoins have bounced stronger than bitcoin

on Wednesday, showing relative strength despite a weakening risk appetite in broader capital markets.

BNB (BNB), the native token of the BNB Chain and closely adjacent to crypto exchange giant Binance, surged 6% to a fresh all-time high of $875.

Ethereum’s ether (ETH) rebounded 7% from the overnight lows to $4,350, erasing all of Tuesday’s losses. Some observers speculated that ETH treasury firms buying the asset could have fueled the rally.

Solana’s SOL (SOL) gained 6.1%, also outpacing yesterday’s decline, while tokens of ChainLink

and AAVE were up 10% and 7%, respectively.

Meanwhile, the leading crypto BTC advanced a modest 1.4% from the lows, changing hands at just above $114,000. Major stock indexes, the S&P 500 and the tech-focused Nasdaq, closed 0.2% and 0.5% lower.

While it might be too early to call for any bottom with rocky next few days and weeks ahead on the macro front, the relative strength of altcoins versus bitcoin is notable during a risk-off period.

Bitcoin’s dominance, measuring the largest crypto’s market share in the total market capitalization of digital assets, is on the brink of making a fresh six-month low, signaling that smaller, riskier tokens are taking leadership in market gains, often dubbed as “altcoin season.”

Bitcoin dominance (TradingView)

Still, hopes for repeating past cycles’ breakneck altcoin action might be unrealistic, ByteTree analysts led by Shehriyar Ali and Charlie Morris noted.

“An alt season may be brewing, but it will not look like the wild rallies of the past,” the report said. “Instead, it will be defined by selective, fundamentals-driven growth, rewarding quality projects and penalising those without substance.”

Read more: Hawkish FOMC Minutes Knocks Legs Out of Crypto Bounce



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Ethereum
NFT Gaming

Ethereum Historic Rally Brewing: New All-Time High Within Reach In 2025

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As Thursday drew to a close, Ethereum appears to be slowly regaining strength as the second-largest digital asset stabilizes above the $2,500 level once again. With predictions about an impending major rally swelling in the community, this gradual recovery might be setting the stage for the anticipated bullish move.

A Record-Breaking Surge For Ethereum Building

Ethereum has begun to witness bullish movements once again after a period of robust volatility that capped previous upside attempts. Meanwhile, Batman, a crypto expert and trader, highlighted that ETH is currently positioned in a critical area that could lead to a massive rally in the upcoming days.

With the ongoing positive action maturing, Batman’s analysis suggests that ETH seems to be subtly preparing for a potential historic breakout in 2025. This impending move is likely to push the altcoin toward new all-time highs.

Analyzing ETH’s price action on the 4-hour time frame chart, Batman stated that the asset has been trapped in this dull range for what seems like forever. However, the expert claims that such a development typically marks the beginning of big moves.

According to the expert, the market is only a solid catalyst away, and Ethereum may break past the $4,000 price level with a swift rally. Furthermore, its move above the key level would spark a continued and sharp surge that could reshape its price peak.

ETH eyes major blast off | Source: Batman on X

When the anticipated upswing occurs, Batman is confident that ETH will rally hard to the $6,000 and $8,000 price range this year, marking a new all-time high for the altcoin. Considering the potential upward move, the expert claims that the ongoing volatility is the calm before the storm.

In the 12-hour time frame, Batman reveals that ETH has just created a golden cross on its Stochastic. It is important to note that a golden cross is a key technical move that indicates a possible shift from a bearish to a bullish trend.

Batman asserted that this golden cross has often marked a local bottom. Even though past reversals ignited by the crossover were small and short-lived, each big move majorly begins with a little step. Thus, the expert believes this critical move might be the start of something bigger, like a rally to a new all-time high.

ETH’s Current Phase To Precede A Large Move

As ETH battles for an upward trajectory, Daan Crypto Trades, a technical expert and investor, noted that the altcoin is in a zone that could be pivotal. Daan Crypto Trades stated that ETH keeps trading in this extremely narrow range as wicks on both sides are being absorbed.

When one side does give way, this type of compression usually results in a big motion. However, once that move kicks in, it typically does not stop anytime soon either.

Thus far, Daan Crypto Trades has urged traders to watch for a higher time frame close above or below this current range for confirmation of the trend. This is because Ethereum’s move above or below the range would determine the altcoin’s next direction.

ETH trading at $2,562 on the 1D chart | Source: ETHUSDT on Tradingview.com

Featured image from Getty Images, chart from Tradingview.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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Bitcoin Holds $104,000 Support As Market Deleverages Following Fed Decision - Is A Rally Brewing?
NFT Gaming

Bitcoin Holds $104,000 Support As Market Deleverages Following Fed Decision – Is A Rally Brewing?

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Yesterday, the US Federal Reserve (Fed) held interest rates steady for the fourth consecutive time, dampening hopes for a significant rally in risk-on assets like Bitcoin (BTC). However, on-chain indicators suggest that BTC is experiencing strong demand – potentially laying the groundwork for its next move upward.

Bitcoin Sees Strong Demand Despite Steady Interest Rates

According to a recent CryptoQuant Quicktake post by contributor Amr Taha, Bitcoin has established a solid demand zone in the mid-$100,000 range. The analyst suggests this could signal BTC’s readiness for another upward rally.

The following chart – titled Binance BTC Price and Open Interest Change – illustrates how this price area has repeatedly absorbed strong selling pressure, resulting in BTC forming consistent equal lows just above $104,000.

Source: CryptoQuant

In contrast, open interest on Binance has formed a series of lower lows, indicating progressive deleveraging in the derivatives market. Deleveraging typically reduces excess risk and can help build a more stable foundation for sustainable price growth.

Additionally, the $104,000 level has acted as a “liquidation magnet” for late long positions. The following BTC: Binance Liquidation Delta chart shows a sharp concentration of liquidations around this price level.

Source: CryptoQuant

Green delta spikes in the chart represent the forced closure of long positions, suggesting a cleanup of traders who joined the rally late. Minimal short liquidations confirm that the market was dominated by long squeezes.

To explain, a long squeeze occurs when the price of an asset drops sharply, forcing traders holding long positions to sell or get liquidated. This selling pressure pushes the price down even further, often accelerating the decline.

Interestingly, the timing of this market cleanup coincides with the Fed’s decision to pause interest rate hikes. Such a development has typically worked out as a net positive for risk-on assets like BTC. Taha concluded:

Historically, BTC has shown bullish tendencies following rate stabilization, especially when paired with signs of liquidation exhaustion and fading open interest.

BTC Uptrend To Resume Soon?

Multiple on-chain indicators suggest the current BTC pullback may be nearing its end. For example, recent analysis by crypto analyst CryptoGoos points to short-term BTC sellers running out of momentum.

Moreover, signs of retail euphoria remain absent, hinting that the market may still be in an early or mid-stage rally. The Puell Multiple also suggests that BTC has further room to grow.

That said, some cautionary signs remain. Notably, BTC trading volumes across major global exchanges have dropped to multi-year lows, raising concerns that bullish momentum may be weakening. At press time, BTC trades at $104,274, up 0.3% in the past 24 hours.

BTC trades at $104,274 on the daily chart | Source: BTCUSDT on TradingView.com

Featured Image from Unsplash.com, charts from CryptoQuant and TradingView.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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Ethereum
GameFi Guides

Ethereum Continues To Outperform BTC In Q2 – Is A Bullish Run Brewing?

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With a remarkable performance this year, Ethereum, the second-largest digital asset, appears to be leading the charge, surpassing the king of cryptocurrency, Bitcoin, in recent market trends. ETH’s upward trend may just be the beginning as the altcoin breaks past key resistance levels that hampered previous upside attempts.

Will Ethereum Take Over The Market?

Despite its recent pullback, Ethereum held its ground and has now rebounded strongly, targeting the next key resistance at the $2,800 mark. Delving into its price action, Crypto Eagles, a technical expert and trader, revealed that ETH’s ongoing rally has surpassed that of Bitcoin.

Specifically, ETH has been steadily, but subtly, exceeding Bitcoin in the second quarter of this year. “While BTC remains range-bound, ETH has shown stronger relative strength and consistent upward momentum,” the expert added.

Data from the Quarterly Returns chart shows that Bitcoin’s price has risen sharply by over 31% in Q2 of 2025 alone. Meanwhile, ETH’s quarterly returns show that the asset has observed a more than 50% price growth within the same period.

This notable action from the altcoin reflects and solidifies its position as the market leader in terms of current strength and gains. According to the analyst, the ETH/BTC ratio continues to trend higher, indicating a noticeable change in market leadership between the two assets this quarter.

ETH outshines BTC this quarter | Source: Crypto Eagles on X

In another X post, Crypto Eagles underscores ETH’s solid performance as it displays a steady climb, surging past the $2,692 level with a perfect gain. Looking at the chart, key bullish momentum is highlighted by the candlestick patterns, which reveal several higher moves that breach resistance levels.

Furthermore, the Relative Strength Index 14 Close (RSI 14 Close) is positioned at the 51.66 level, suggesting that the market sentiment is neither in an overbought territory nor oversold territory. Such a positioning of the indicator could allow for future growth.

In the meantime, Crypto Eagles claim that strong buying pressure and recent consolidation may pave the way for ETH’s next leg up. With a potential surge imminent, the expert has outlined the $2,800 and $3,000 range as the next key targets in its journey.

Is It Time To Be Bullish On ETH?

An analysis from Ali Martinez, a market expert and trader, implies that Ethereum’s ongoing rally seems likely to extend at this point. His analysis is based on ETH surpassing the $2,750 resistance level, which appears to be one of its most crucial barriers in recent market action.

Prior to the strong upward move, Martinez cautioned that investors should wait for a sustained close above $2,750 before turning bullish on the altcoin. This is because another rejection at this point is likely to trigger a pullback to $2,500 or $2,380.

However, Ethereum has now broken this level and is trading slightly above it. Considering Martinez’s analysis, this breakout suggests that ETH’s rally may continue as it draws closer to $2,800.

ETH trading at $2,785 on the 1D chart | Source: ETHUSDT on Tradingview.com

Featured image from Getty Images, chart from Tradingview.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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Altcoin
NFT Gaming

Altcoin Market Cap Flashes A Bullish Cross – Is The Next Altseason Brewing?

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Bitcoin continues to dominate a major part of the broader crypto market over altcoins as the flagship asset displays strength and resilience, indicated by its notable price performance above the $100,000 mark. However, these non-BTC assets seem primed to make waves once again as the alt market cap makes a crucial move, hinting at a bullish reversal.

An Impending Shift Toward The Upside For Altcoins 

After a period of sideways movements, altcoins appear to be gearing up for a positive move. Presently, alts are glimmering with newfound optimism as the general market cap of altcoins makes a key bullish cross, suggesting a potential rebound.

Ted Pillows, a seasoned market expert and investor, spotted the cross following his examination of alts market cap on the daily time frame chart. The cross identified by the market expert is a Golden Cross, which is an indication of growing upside momentum.

A Golden Cross typically unfolds when a short-term moving average crosses over a long-term moving average. Furthermore, it is a technical signal that suggests a possible shift in market trend, particularly from a negative to a positive trend. 

Source: Ted Pillows on X

With the golden cross appearing on the alt market cap, a signal often considered as a potential catalyst for significant price gains, it implies robust resilience from the non-BTC assets during a period of bearish pressure. The emergence of the cross is likely to usher in a fresh wave of rallies for altcoins as they begin to show strength for an upward move.

While a golden cross has emerged, Pillows highlighted that alt market cap has been consolidating above the 50 and 200 Exponential Moving Average (EMA) since May. A consolidation above these EMAs may seem worrying, but it is usually considered a signal for underlying strength that could materialize into a notable upside move in the near future.

According to the expert, alts would witness remarkable bullish movements once this posture starts to move upward, which implies that the ongoing consolidation phase is just a calm before the storm.

Altseason Becoming Highly Probable

As the alt market cap makes a golden cross, this further increases the possibility of an impending altcoin season. On-chain expert and verified author Joao Wedson previously revealed that the market is entering a period where many alts are no longer following Bitcoin’s path. 

This decoupling from Bitcoin’s price trajectory seems to have increased the likelihood of an altseason as the expert foresees a bullish phase for the assets. Despite BTC hovering near record highs, Wedson noted that most alts have little room left to drop, except for some of the top market-cap coins.

 Such a development typically indicates a phase where capital starts shifting into non-BTC assets. Thus far, Wedon has warned investors about holding BTC and stablecoins during this period as he claims that an altcoin season is inevitable this cycle.

Total market cap excluding BTC at $1.17 trillion | Source: TOTAL2 on Tradingview.com

Featured image from Getty Images, chart from Tradingview.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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