Altcoin Season Approaching? Analysts Say 40% Daily Gains May Become "New Normal"
Analysts discovered bullish signals from charts, predicting a major breakthrough for Altcoins, but also warning that this cycle lacks retail investor participation and sustained momentum.
Early Signs of Altcoin Bull Market
Multiple analysts pointed out that the Altcoin market has shown breakthrough signs, with potential for significant price surges in the coming months. Crypto commentator Mister Crypto predicted that the next 3-6 months could "change lives", with 40% daily gains potentially becoming the norm soon.
On May 11th, he cited a BlockchainCenter.net chart on X platform, noting that when the index is below 25, it's a "Bitcoin season" (Bitcoin outperforms most Altcoins), and above 75 is an "Altcoin season" (Altcoins perform better). The current index breaking out from a downward trend below the 29 mark suggests Bitcoin's dominance might weaken, potentially signaling a new cycle where Altcoins outperform Bitcoin.
Is This Cycle Different?
Analyst 2Lambroz agreed the Altcoin season has arrived but noted that market logic has changed: "People want to chase gains but lack firm conviction". Unlike 2021, there are currently no signs of retail investor entry, with faster capital rotation but lacking long-term holding motivation.
Technical analyst Moustache remained optimistic, showing through charts that Altcoins are reproducing the "accumulation-explosion" cycle patterns from 2016 and 2020, and declaring "2025 Altcoin season officially launched".
However, skeptics like commentator Rekt Fencer pointed out that most Altcoins have still dropped 90% since last December, and this week's 10% rebound triggering excessive optimism is ridiculous, sarcastically asking: "Is this the Altcoin season we've been waiting for?"
Global Optimism Boosts Crypto Market
Stimulated by positive news from US-China trade negotiations, Bitcoin strongly surged to $104,900 over the weekend, just 4% away from its historical peak. Ethereum saw its highest single-day gain in weeks, with meme coins collectively rebounding, indicating a return of market risk appetite.
Kronos Research CEO Hank Huang told Cointelegraph: "Crypto market gains benefit from global optimism—India-Pakistan ceasefire talks ease regional tensions, and US-China tariff developments suggest major economies restarting cooperation." He noted Ethereum's strong performance further drove Altcoin-wide gains, "As uncertainties recede, investors return to risk assets, with Bitcoin approaching the $105,000 mark".
