Certain crypto analysts assume that the market could be approaching an additional expansion stage of the altcoins. Analysts can determine this trend with the aid of charts that trace the market capitalization of Total2. This measure omits both largest cryptocurrencies, Bitcoin and Ethereum, which enables the traders to pay particular attention to the performance of other digital assets.
According to those who support the theory, the identical structure was observed at other major rallies. The altcoins have dramatically increased in both 2017 and 2021 following such breakouts. Throughout such cycles, capital slowly left Bitcoin and invested in smaller crypto projects.
When the appetite of investors toward riskier opportunities grew, most altcoins reported substantial percentage returns. Due to the similarity of the current pattern of chart to the past setups, there are traders who feel that an additional rise in the market could be in the offing.
This prospect has created hype in the social media and crypto trading circles. A significant number of investors are still searching early opportunities in smaller-cap tokens that would be rewarding in case a bigger altcoin cycle comes into effect.
Market Indicators
Although the speculation is increasing, market data indicates that the altcoin cycle is yet to start. Bitcoin dominance remains one of the most significant performance ratios. The current level of Bitcoin dominance is quite high at approximately 58%. Once the dominance decreases to a considerable degree, they tend to start outperforming the market as a whole.
The other important indicator is the Altcoin Season Index, which is currently at about 35 out. A score of above 75 is a good indication of real altcoin season. Since the index is still way below that level, the analysts posit that the market is still in a transition stage as opposed to a validated altseason.
Altcoin Cycles
Meanwhile, the Bitcoin keeps gaining momentum, recently hitting almost 70 thousand dollars. In the past, the altcoins tend to surge once Bitcoin has made a healthy upward trend and market liquidity results throughout the ecosystem. The trend implies that the process of the full cycle of altcoins can take even more time. At this point, analysts are still monitoring the Total2 breakout and overall market indicators. Once Bitcoin dominance begins to drop and altcoins start to achieve the regular performance, traders will notice the first obvious symptoms of new altcoin growth cycle.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bitcoin Rebounds to $74K on U.S.-Iran Framework Deal, But Market Skepticism Remains
Bitcoin's recent rise to mid-$74,000 followed a risk asset rally linked to a U.S.-Iran nuclear framework, but skepticism remains due to flat Treasury yields and unchanged gold prices. The core issue of uranium enrichment persists, and while on-chain data shows BTC's gradual advance, options markets reflect doubts about a sustained breakout. Overall, analysts see the rally as temporary, with macro conditions still tight and potential downside risks.
GateNews26m ago
Cardano Traders Watch $0.243 Support Level as ADA Price Faces Critical Decision
Cardano (ADA) is at a crucial support level of $0.243, with potential gains to $0.30 if it holds. A daily close below this could lead to declines toward $0.10. Currently, trading volume is around $500 million, with ADA notably below its all-time high.
GateNews1h ago
ETH/BTC Price Ratio Rebounds to 0.0313 in Q1 2026 as Ethereum User Base Surges 82%
In Q1 2026, the Ethereum-to-Bitcoin price ratio reached a three-month high at 0.0313. Ethereum added 284,000 users and surpassed $180 billion in stablecoin supply. Bitcoin remained strong above $74,000, driven by significant ETF inflows.
GateNews6h ago
Why is Bitcoin up today? Trump says Iran is seeking a truce, and risk assets move higher across the board
On April 15, Bitcoin rebounded about 6% after Trump said Iran is seeking to reach an agreement, breaking above $75,000. Expectations for the resumption of U.S.-Iran negotiations warmed up, lifting Asian stock markets. Technically, roughly $6 billion worth of short positions were forced to close, accelerating the rebound. Analysts said that if the U.S.-Iran situation continues to ease, Bitcoin could break through $80,000, and they predicted it may reach $150,000 by year-end.
MarketWhisper10h ago
Bitmine is promoted to the NYSE main board! Tom Lee: US stocks may be at a bottom, and selling pressure on Ether could ease
Bitmine officially transferred from the NYSE American market to the main board, marking a significant milestone for the company. Despite a sharp drop in its share price, it still increased the share repurchase program to $4 billion. The company holds a large amount of Ether, and expects that a rebound in the crypto market will help improve its assets and share price performance.
CryptoCity10h ago
ETH 15-minute up 0.66%: On-chain large transfers in sync drove a net inflow of funds, boosting spot buying pressure
2026-04-15 00:00 to 00:15 (UTC), ETH shows a local anomaly. The 15-minute return rate is +0.66%. The trading price range is 2321.93–2343.2 USDT, with a range of 0.92%. During this period, market attention increased, volatility slightly intensified, buy pressure in the order book shifted upward in the short term, and quickly pushed spot prices up into a key resistance area.
The main drivers of this anomaly are large on-chain transfers and inflows of capital in combination. At the beginning of the window, multiple large ETH transfers appeared, including 8,676 ETH and 6,551 ETH, respectively, transferring from a large source to the
GateNews11h ago
