{"id":20506,"date":"2025-04-03T20:01:46","date_gmt":"2025-04-03T20:01:46","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=20506"},"modified":"2025-04-03T20:01:46","modified_gmt":"2025-04-03T20:01:46","slug":"altcoin-season-still-in-sight-even-as-ethereum-struggles-to-gain-upward-momentum","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=20506","title":{"rendered":"Altcoin Season Still In Sight Even As Ethereum Struggles To Gain Upward Momentum"},"content":{"rendered":"<div>\n<p>Over time, <a href=\"https:\/\/x.com\/joao_wedson\/status\/1907267642991538499\" target=\"_blank\" rel=\"noopener nofollow\">Ethereum<\/a>, the second-largest crypto asset and largest altcoin, has often spearheaded an Altcoin Season due to its significant performance after the market shifts from a <a href=\"https:\/\/bitcoinist.com\/altcoins-at-risk-of-more-losses\/\" target=\"_blank\" rel=\"noopener \">Bitcoin season<\/a> to an altcoin season in each bull market cycle. In spite of this waning performance of the king of alts, an altcoin season is still likely to occur in the near term.<\/p>\n<h2>Is An Altcoin Season On The Horizon?<\/h2>\n<p>With the heightened volatility and BTC\u2019s robust market dominance, the possibility of an <a href=\"https:\/\/bitcoinist.com\/altcoin-season-dream-fizzle\/\" target=\"_blank\" rel=\"noopener \">Altcoin Season<\/a> happening in this cycle is looking slim. However, an on-chain expert and the CEO of Alphractal Joao Wedson believes that this sustained <a href=\"https:\/\/bitcoinist.com\/bitcoin-dominance-grows-but-on-chain-activity-shifts-to-ethereum-and-l1-networks-insights\/\" target=\"_blank\" rel=\"noopener \">Bitcoin\u2019s dominance<\/a> could be laying the groundwork for a huge altseason in the foreseeable future. Historically, altcoin seasons have followed periods of Bitcoin dominance.\u00a0<\/p>\n<p>Joao Wedson <a href=\"https:\/\/x.com\/joao_wedson\/status\/1907267642991538499\" target=\"_blank\" rel=\"noopener nofollow\">highlighted<\/a> that Ethereum\u2019s waning performance has strangled other alts in the ongoing market cycle, but an <a href=\"https:\/\/bitcoinist.com\/countdown-to-altcoin-season\/\" target=\"_blank\" rel=\"noopener \">altcoin season \u201cis just a matter of time<\/a>.\u201d With the alt market struggling to gain dominance and ETH facing headwinds, traders hope for a shift that might spur renewed gains across the altcoin sector.<\/p>\n<p>In the X post, Wedson delved into altcoin market dominance with Ethereum, revealing an interesting trend. According to the expert, altcoin dominance is declining, while altcoin dominance excluding Ethereum and Stablecoins has remained sideways and in a neutral zone since late 2022.<\/p>\n<p><img data-recalc-dims=\"1\" fetchpriority=\"high\" decoding=\"async\" class=\"wp-image-438364 size-medium\" src=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/04\/Altcoin-chart-from-Joao-Wedson.jpg?resize=640%2C360\" alt=\"Alts\" width=\"640\" height=\"360\" srcset=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/04\/Altcoin-chart-from-Joao-Wedson.jpg?w=1600 1600w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/04\/Altcoin-chart-from-Joao-Wedson.jpg?w=640 640w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/04\/Altcoin-chart-from-Joao-Wedson.jpg?w=768 768w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/04\/Altcoin-chart-from-Joao-Wedson.jpg?w=980 980w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/04\/Altcoin-chart-from-Joao-Wedson.jpg?w=1536 1536w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/04\/Altcoin-chart-from-Joao-Wedson.jpg?w=750 750w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/04\/Altcoin-chart-from-Joao-Wedson.jpg?w=1140 1140w\" sizes=\"(max-width: 640px) 100vw, 640px\"><\/p>\n<p>This development implies that <a href=\"https:\/\/bitcoinist.com\/bitcoin-644m-crypto-fund-inflows-but-ethereum\/\" target=\"_blank\" rel=\"noopener \">Bitcoin has drained most of Ethereum\u2019s market capitalization<\/a>. Presently, Bitcoin\u2019s dominance has increased to 62%, and BTC and Stablecoin\u2019s dominance has risen to nearly 71%. Meanwhile, Ethereum and all other alts dominate only 29% of the general market.<\/p>\n<p>Bitcoin and <a href=\"https:\/\/www.newsbtc.com\/bitcoin-news\/31b-in-stablecoins-piled-into-binance-is-bitcoins-next-leg-up-loading\/\" target=\"_blank\" rel=\"noopener nofollow\">Stablecoin<\/a>\u2018s market dominance may seem like a threat to the upcoming altcoin season. However, the interesting part is that the higher the BTC and Stablecoin dominance rise, the more robust the next altcoin season will be, which Wedson claims is only a matter of time away.<\/p>\n<h2>BTC And Stablecoins Stealing The Spotlight<\/h2>\n<p>Daan Crypto Trades, a technical expert and trader, has also <a href=\"https:\/\/x.com\/DaanCrypto\/status\/1907463535728467994\" target=\"_blank\" rel=\"noopener nofollow\">shared<\/a> insights on the subject, highlighting that the <a href=\"https:\/\/www.newsbtc.com\/news\/ethereum\/ethereum-dogecoin-altcoin-market\/\" target=\"_blank\" rel=\"noopener nofollow\">altcoin market<\/a> cap has declined sharply, leading to a drop in altcoins\u2019 dominance. Although it was on track for a while, the steady growth of Bitcoin and Stablecoins has put the alt dominance under serious pressure within the crypto market.<\/p>\n<p>Given the dilution amongst them, individual alts have performed horribly. Thus, for altcoins to regain dominance over <a href=\"https:\/\/bitcoinist.com\/bitcoin-nvt-golden-cross-suggests-price-pullback-likely-to-continue-details\/\" target=\"_blank\" rel=\"noopener \">Bitcoin<\/a>, Stablecoins, and other major assets, the ETH\/BTC pair needs to gather some momentum first.<\/p>\n<p>Daan Crypto Trades claims Ethereum often plays a massive role in getting a wider altcoin performance. This is because many liquidity pools are denominated in ETH, and most coins are developed on it. Therefore, for altcoins to run, this wealth effect for <a href=\"https:\/\/bitcoinist.com\/ethereum-undo-death-cross-back-bull-run-quant\/\" target=\"_blank\" rel=\"noopener \">ETH<\/a> and majors is essential.\u00a0<\/p>\n<p>Until this is the case, the analyst urges investors not to get into the market. Even though alt rallies are usually brief, there is frequently a high timeframe retest. Once it is evident that the trend is changing, Daan Crypto Trades believes this is the ideal time to get involved in the action.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-large\" src=\"https:\/\/www.tradingview.com\/x\/78URm3Cc\/\" alt=\"Altcoin\" width=\"2283\" height=\"1265\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Over time, Ethereum, the second-largest crypto asset and largest altcoin, has often spearheaded an Altcoin Season due to its significant performance after the market shifts from a Bitcoin season to an altcoin season in each bull market cycle. In spite of this waning performance of the king of alts, an altcoin season is still likely [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-20506","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/20506","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=20506"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/20506\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=20506"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=20506"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=20506"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}