Altcoins are showing signs of a potential rally following a typical August dip, according to AMBCrypto. Historically, altcoins have experienced declines in August before rebounding, and 2025 appears to be following this trend. Currently, altcoins are down 13% from their peak, with further declines expected before a potential recovery. Ethereum's growing traction and Bitcoin's decreasing dominance are contributing to the possibility of an altseason. The Altcoin Season Index is on the rise, indicating a shift in market dynamics. Eric Trump has endorsed buying the dip, emphasizing Ethereum's role in leading altcoin rallies. As Bitcoin dominance decreases, capital may rotate into altcoins, potentially triggering a broader market surge.