The cryptocurrency market is actively responding to developments concerning Ethereum and Bitcoin. Ethereum appears to show better results compared to Bitcoin, sparking widespread discussions about the onset of an altseason.
Current Trends in the Crypto Market
Mention of Ethereum outperforming Bitcoin is supported by a recent chart shared by CryptoJack. September 2023 showed significant price growth, culminating in a sharp spike in March 2024. It is reported that the last Bitcoin halving occurred on April 20, 2024, which may have further contributed to the capital flow into alternative currencies.
Analysis of Previous Altseason Periods
According to a 2025 Tangem Blog survey, an altseason typically begins when Bitcoin's dominance falls below 60%. Currently, this figure stands at 64%. Recent 200-day moving averages also indicate technical breakouts among altcoins, suggesting a possible onset of a bull market.
Risks and Warnings for Investors
Although optimism regarding altcoins is rising, it is crucial to remember the high risks. A 2023 Kaiko Research report stresses that altcoins can experience sharp downturns of up to 70% post-rally. Analysts recommend investors focus on altcoins with strong fundamentals to mitigate potential losses.
The cryptocurrency market stands on the brink of change. Ethereum is showing solid results, which may indicate an imminent altseason. However, it is important to exercise caution and conduct thorough research before making investment decisions.