Bullish indicators suggest the imminent arrival of Altseason 2025, as the crypto market rebounds from a recent dip. Bitcoin is currently trading at $115,000, while Ethereum is at $4,200. Analysts expect the peak of altseason in Q1 2025, following the Bitcoin Halving event.
Ethereum's price surge in Q2 and Q3 has bolstered altseason sentiments, with altcoins regaining previous all-time highs. A shift from Bitcoin to altcoin dominance is evident, as BTC Dominance has broken below channel support, showing weakness. The weekly BTC Dominance chart reveals bearish signals, including a failed retest and a bearish MACD crossover, potentially leading to a drop to the 42%-44% range, paving the way for altcoins to outperform Bitcoin.
Bullish Signals Indicate Imminent Altseason 2025
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.