The total cryptocurrency market cap has lost more than $1 trillion in the past three months, causing intensified panic selling. The notable bleeding of major stock indexes has trickled down into the crypto market, as Bitcoin price slipped from trading above $101k to around $82k on Thursday, March 13, during the early New York trading session.
The altcoin market has recorded the highest losses in the past few months, led by Ethereum (ETH), and Dogecoin (DOGE). As a result, the question lingering in most crypto traders is when and if an altseason will happen in 2025.
Altseason 2025 Key Insights
From historical data, the altcoin season has been kickstarted by the reversal of the macro Bitcoin dominance. However, the introduction of spot crypto ETFs has significantly disrupted the historical crypto cash rotation, thus complicating the expected timeline of the altseason 2025.
From a technical analysis perspective, the Others/BTC pair in the weekly timeframe is currently retesting a crucial support level, which in the past cycles yielded parabolic altseason. However, the altseason will be delayed if the altcoin market fails to rebound from the current levels in the coming weeks.
Top Alts to Consider
The existence of more than 15k altcoins, both utility and memecoins, has heavily diluted the existing crypto liquidity, thus slowing down historical four-year crypto bull cycles. However, the administration change in the United States under President Donald Trump, which has significantly focused on providing clear crypto regulations, has favored a rejuvenated mainstream adoption of digital assets, led by DeFi tokens.
The launch of the Official Trump (TRUMP) memecoin has heavily democratized the adoption of crypto assets by retail and institutional investors. Considering all the factors, top altcoins to keep a close watch on in the anticipated altseason include the heavily oversold tokens, especially those with robust leadership and a supportive online community.
For instance, Shiba Inu (SHIB), Notcoin (NOT), Litecoin (LTC), Toncoin (TON), PancakeSwap (CAKE), and Uniswap (UNI).
