The Altcoin season of 2025 is becoming increasingly vibrant, but analysts warn that it is not yet here.

The calls for an altcoin season are becoming stronger as Bitcoin's dominance falls to lower levels. Many traders and investors are closely following the Altcoin Season Index, hoping to find signs that the market will experience a strong surge for altcoins.

Has the altcoin season arrived?

According to analyst Cas Abbé, focusing solely on the monthly Altcoin Season Index can lead to misunderstandings, and the reality is that we are still not close to an altcoin season. He advises considering the annual Altcoin Season Index for a more comprehensive and accurate view of the market situation.

Notably, most altcoins have yet to reach new all-time highs, an important milestone signaling the start of the altcoin season. Abbé also points out that Bitcoin's dominance continues to record new highs and lower lows, which is driving the market capitalization of altcoins up. When Bitcoin's dominance ratio falls below 55%, altcoins may begin to grow rapidly. Currently, this ratio is at 57%.

Cryptocurrency trader Doctor Profit also emphasized that some members of the cryptocurrency community are calling every small price increase of altcoin as "Altcoin Season," even though the broader market has not really entered this phase.

Meanwhile, the Altcoin Season Index of CoinMarketCap (CMC) is currently at 77, indicating that altcoins are showing relatively strong strength compared to Bitcoin. Although it is not yet a complete altcoin season, this level suggests that momentum is increasing and creating potential for profits in the coming weeks.

The growth of cryptocurrency in Q4?

The Federal Reserve (Fed) has recently cut interest rates by 25 basis points. Analyst Virtual Bacon emphasized that this is a positive signal as we enter Q4. He stated that Bitcoin is receiving support from macro liquidity, while large-cap altcoins like ETH, SOL, XRP, and BNB have begun to see rotation.

When the dominance of Bitcoin tends to fall, altcoins are positioned to benefit, creating favorable momentum for a potential altcoin season. A wave of liquidity is expected to arrive in Q4, with Bitcoin and large-cap coins likely to lead, followed by a broad rotation of altcoins.

Analyst Lark Davis noted that Bitcoin is experiencing its best September ever. History shows that when September ends in the green, the fourth quarter tends to be extremely positive. However, Bitcoin is currently trading at 115,722 USD, and analyst Ali Martinez warns that losing the support level of 115,440 USD could pose challenges for $BTC in the near future.

Conclusion

Altcoins are gradually gaining strength, but we may not yet be in a full altcoin season. Bitcoin and major altcoins are likely to record profits in Q4 with the current trends. The next wave of opportunity is approaching.

Mr. Giáo