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.
Is Bitcoin Dominance the Key to Altseason?
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.
Early Signs: Which Altcoins Are Moving?
Although broad altcoin strength is still pending, select tokens are starting to show bullish setups:
- SUI has rebounded off the 0.618 Fibonacci level, currently sitting in profit with reduced risk.
- Solana (SOL) bounced from a fair value gap and may retest the $145 level soon, though a full reversal is yet to confirm.
- Fantom (FTM/S) has broken out of its downtrend and is targeting a move above $0.38, which would be an early bullish sign.
- ONDO, while sitting at range lows, could see action if Bitcoin dominance begins to fall.
Meme Coins Are Heating Up
- Nobody Sausage saw a 130% spike, maintaining a bullish posture pending trendline confirmation.
- FartCoin is hovering at the 50% retracement zone.
- Popcat is in a reaccumulation phase between $0.20–$0.24.
- PEPE must reclaim its 50% Fibonacci level to prevent further downside.
Other Notable Setups
- NEAR may be forming a double bottom, showing early bullish signs.
- GokuCoin continues its upward move on strong fundamentals.
- Chainlink remains indecisive, currently in “no man’s land.”
- USELESS offered no notable market signals.
Outlook: Patience May Pay Off
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.
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FAQs
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.
