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Altcoins continue to underperform while Bitcoin holds steady, sparking debate among traders about the timing of the next altseason. Analysts predict an ‘epic’ rally, but warn it won’t mirror past cycles due to an oversaturated market. Could institutional interest and declining Bitcoin dominance signal an imminent altcoin surge?
- Bitcoin dominance has dipped slightly from 65.4% to 64.25%, a potential precursor to altseason.
- Over 17,000 tokens exist, but many are worthless memecoins, complicating broad altcoin rallies.
- Institutional interest in utility-driven altcoins could fuel the next market cycle.
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