Despite Bitcoin's recent downturn, some experts predict the potential start of an altcoin season in 2025. João Wedson, founder and CEO of Alphractal, shares his insights on the current state of the crypto market and the prospects for altcoins.
João Wedson's Predictions
João Wedson believes that the altcoin market may begin to rally as early as April or May 2025, despite Bitcoin's recent dominance surpassing 62%. He points out that many altcoins are still in an accumulation phase.
CITE_W_A: "Altcoins are still in accumulation, and when BTC stumbles, get ready for a new Altcoin Season!"
Experts' Opinions on Market Conditions
Some analysts, such as CryptoQuant CEO Ki Young Ju, warn that the era of indiscriminate altcoin rallies is coming to an end. He predicts a 'selective altseason,' where only fundamentally strong altcoins survive amid strong competition.
Key Insights and Recommendations
Wedson advised investors to focus on undervalued projects that he estimates constitute 90% of the market. He also emphasizes the importance of tracking new crypto launches in the GameFi and DeFi sectors in 2025.
Despite the uncertainties in the market and potential further declines in Bitcoin, some experts maintain an optimistic outlook for the future of altcoins, predicting the possibility of an altcoin season in the coming months.