Bitcoin’s explosive rally to $111,970 has reignited hopes of a long-anticipated altseason. While the crypto king leads the charge, analysts warn the altcoin market is not quite ready to follow—at least, not yet. The remainder of this bull cycle may hinge on one crucial signal: a breakdown in Bitcoin dominance, potentially triggering a powerful rotation into altcoins.
According to crypto analyst Kyledoops from Crypto Banter, Bitcoin’s current market cycle is around 75–80% complete, with the final 20% likely to bring explosive upside. On a recent podcast, he projected a strong Wave 3 move could send Bitcoin to $125K–$130K by September, backed by bullish indicators including Market Cipher B, rising money flow, and green dots on the weekly chart.
With the S&P 500 and other major equities hitting all-time highs, Bitcoin appears poised to follow the upward momentum. However, for altcoins to truly rally, a breakdown in Bitcoin dominance—currently nearing the apex of a rising wedge between 66%–69%, is necessary. A rejection at these levels, analysts believe, could finally mark the beginning of a genuine altseason.
Although broad altcoin strength is still pending, select tokens are starting to show bullish setups:
Kyledoops emphasizes that most altcoins are still in accumulation, and a full-scale rally is unlikely until Bitcoin dominance breaks down and the SPX500 confirms continued momentum. While the market setup for altseason is gradually forming, analysts caution that timing is everything. The next few months could offer golden opportunities—but only for those who stay patient and watch the key indicators closely.
As of today, June 30, 2025, the crypto market is showing a mixed performance. Bitcoin is trading around $107,500 with a slight dip, while Ethereum is showing some upward movement. The overall market capitalization is around $3.41 trillion, with some altcoins experiencing minor gains and others showing slight declines.
Altcoin season, or altseason, is a period when cryptocurrencies other than Bitcoin (altcoins) significantly outperform Bitcoin in terms of price growth. It’s characterized by capital rotating from Bitcoin into altcoins, leading to rapid and substantial gains across a wide range of alternative cryptocurrencies.
When altcoin season occurs, several things typically happen: Bitcoin’s market dominance declines as capital shifts, a majority of altcoins experience rapid price appreciation, trading volumes for altcoins surge, and there’s often a general increase in market optimism and retail “FOMO” (fear of missing out).
Bitcoin’s price doesn’t necessarily fall during an altcoin season. Instead, it often consolidates, rises more slowly, or even continues to increase, but at a significantly lower rate than altcoins. The key characteristic is that altcoins outperform Bitcoin, meaning their percentage gains are much larger as money flows into them.
Kaanch (KNCH) is anticipated to create a great impression in the market through its future…
Arbitrum (ARB) price was the best performing top-100 altcoins by market cap in the past…
Years ago, when John E Deaton, a well-known crypto advocate and legal voice in the…
As the Ethereum price approaches Q3, it has shown a notable 3% increase, surpassing the…
Story Highlights The SEI live Price is . Sei price could reach a high of…
On June 25, Europol announced a major breakthrough as Spanish Guardia Civil, with support from…