Altcoin Season Ignites as Ethereum Outperforms and Bitcoin Dominance Fades

Crypto markets are heating up, and all signs point to the start of a full-blown altcoin season. With Bitcoin holding above its all-time highs and money rotating into smaller-cap tokens, traders are witnessing a shift in momentum.

Ethereum is outperforming Bitcoin, the Altseason Index is flashing early signals, and Bitcoin dominance is weakening, all classic signs that a major alt rally is underway.

Crypto analyst Altcoin Gordon takes a deep insight and reveals that window of opportunity is open now, not in Q4, and he’s backed his claim with five strong technical charts.

Golden Cross Ignites Big Moves

Another bullish signal comes from the altcoin market cap (excluding Ethereum). Here, the MACD indicator has formed a “golden cross” for the first time this year, a signal that led to a month-long surge back in November 2024. At that time, Ethereum hit $4,000, XRP reached new highs, and many mid-cap alts also hit 10x, suggesting history may repeat itself.

Bitcoin’s Weekly Strength Triggers Momentum Shift

Gordon notes that Bitcoin has already closed two consecutive weeks above its previous all-time high (ATH), and a third could seal the deal. If BTC closes this week strongly, altcoins are expected to “enter turbo mode,” especially with Crypto Week kicking off in Washington and pro-crypto regulations in discussion.

Bitcoin Slips, Alts Climb

Bitcoin dominance dropped from 66% to 64% even as BTC reached new highs, confirming capital is shifting toward altcoins. Gordon points out that when the Altseason Index climbs above 35, it often marks the turning point before mainstream investors pile in, and that’s exactly what just happened.

When the index later exceeds 80, the big gains have usually already occurred. With the index breaking that 35 threshold, Gordon argues that altcoin season is off to an early and promising start.

Well-known analyst TechDev believes altcoins have been suppressed for four years and are now ready to rally. Similarly, Michaël van de Poppe calls this the best entry point for altcoins, expecting profits to unfold over the next 12 to 24 months.

Ethereum Shows Relative Strength to BTC

Last but not least, Gordon highlights that the ETH/BTC ratio’s weekly RSI has broken a three-year downtrend, and a golden cross is also forming. These technical shifts suggest Ethereum is outperforming Bitcoin, which often happens when altseason accelerates.

In short, with technical indicators flashing green, Bitcoin dominance softening, and institutional sentiment shifting, altcoin season might not just be on the horizon, it could be here already.