The altcoin market is facing ongoing selling pressure despite traditional expectations of rallies in June. Data shows that demand for altcoins remains low.
Current Situation in the Altcoin Market
Despite expectations of an altcoin season, Bitcoin remains dominant, and altcoins continue to experience selling pressure. The share of altcoins, excluding Ethereum, accounts for less than 20% of the overall crypto market capitalization. CryptoQuant data shows that altcoins have been under continuous pressure since January 2025. However, the current level is not comparable to the crisis of 2023-2024.
Altcoin Season 2025
According to the altcoin season index, it is currently a Bitcoin season, with the index at 20 points. While past altcoin seasons lasted for weeks or months, current rallies are limited to much shorter time frames. In 2025, some top performers, such as Aave and Bitcoin Cash, show signs of growth, yet they still trade below their 2024 peaks.
Prospects for Altcoins
Long-term prospects may improve with the launch of ETFs, which could attract external demand for altcoins. However, altcoins like Avalanche and Bitcoin Cash remain at risk of potential declines in their prices. Investors continue to exercise caution by selecting more liquid assets and new trading pairs on decentralized platforms.
The state of the altcoin market remains unstable, and sellers continue to dominate. Altcoin season forecasts are becoming less certain, and investors will be monitoring for potential changes in demand and new offerings.
