The cryptocurrency market is buzzing with anticipation as altcoins reach historically significant support levels, which could indicate a new wave of volatility ahead.
Current Levels of Altcoin Dominance
A recent post by @Alphractal on X states that altcoin dominance, excluding stablecoins, has dropped to a support level of 25%. When excluding both Ethereum and stablecoins, it hovers around 18%. These thresholds, historically significant according to CryptoQuant data, have often preceded notable altcoin rallies.
Historical Trends and Predictions
A 2021 CryptoQuant analysis revealed that when altcoin dominance tests these support levels, it typically triggers a 15-20% gain in market share relative to Bitcoin. This pattern fuels speculation about a potential 'Altseason' in June 2025.
Factors Supporting Altcoin Growth
The current stabilization of Bitcoin around $104,000—following its all-time high of $111,970 in May 2025—aligns with past cycles where Bitcoin consolidation paved the way for altcoin outperformance. Technical indicators like the Relative Strength Index (RSI) and MACD-Histogram suggest weakening Bitcoin momentum, potentially driving funds toward altcoins.
Given the current dominance levels and market shifts, the upcoming period may be pivotal for altcoins. Investors should closely monitor market signals and dynamics.