If you’ve spent any time tracking cryptocurrencies lately, you’ve probably noticed Bitcoin (BTC) hitting a new all-time high of $120,000. Yet, despite Bitcoin’s remarkable performance, there’s an undeniable buzz around altcoins. It begs the question: Are we finally stepping into altseason?
Three critical metrics hint that investors are shifting their capital towards non-Bitcoin assets. Let’s unpack these signals and find out what’s happening.
What exactly is altseason?
“Altseason” refers to periods in the cryptocurrency market when altcoins significantly outperform Bitcoin in terms of price gains and market share. It typically happens when investors rotate from Bitcoin to altcoins seeking higher returns.
How can I identify if an altseason is approaching?
✅ Altcoin Index above 50, indicating altcoins outperform Bitcoin.
✅ Declining Bitcoin dominance, suggesting a shift in capital toward altcoins.
✅ Sustained high readings in the Crypto Fear & Greed Index, indicating elevated risk appetite.
You can look at BTC/altseason cycles like this:
BTC Euphoria Rally → BTC Dominance Drop (🎯 We are currently here!) → BTC Distribution Phase → Altseason
Altcoin Index surge indicates rising altcoin strength
Altcoin Index surged by 350% in the past month. Source: Coinglass
The Altcoin Season Index tracks whether altcoins outperform Bitcoin over 90 days. An index value above 50 typically signals altseason.
Recently, we’ve seen this index skyrocket. Just about a month ago, it stood at a modest 12. Now? It’s surged to 53, a clear indicator that altcoins are outperforming Bitcoin substantially in the short term. Investors seem ready for riskier plays, hoping for higher returns beyond Bitcoin’s established gains.
Bitcoin dominance decline suggests capital rotation to altcoins
BTC dominance slid by about 10% in the past month.
Bitcoin dominance refers to Bitcoin’s share of the total cryptocurrency market cap. When Bitcoin dominance falls, it often signals that money is moving from Bitcoin to altcoins.
Bitcoin dominance has slid from 65.7% less than a month ago to just 59.6% today, according to data from CoinCodex. Even with BTC soaring to all-time highs near $120K, its relative market share is shrinking, a clear sign that investors are eyeing alternatives. This trend aligns perfectly with the surge in the Altcoin Index.
Fear & Greed Index holds steady in “Greed” territory
Investors have been very bullish about crypto for about a month now.
Put simply, the Crypto Fear & Greed Index tracks market sentiment. Sustained greed generally signals confidence and a higher risk appetite among investors, making altcoins more appealing.
Since June 22, the index has remained solidly in Greed territory. High market confidence, fueled by Fear Of Missing Out (FOMO), naturally pushes investors towards assets that promise rapid growth and higher volatility – exactly what many altcoins represent.
CoinCodex price predictions confirm bullish sentiment
3-month and 6-month predictions for top 10 coins by market cap (as of Jul 21, 2025).
Looking deeper, CoinCodex’s algorithmic forecasts based on technical indicators offer some interesting insights. Here are some quick takeaways:
- ETH Prediction: Ethereum currently trades around $3,820, but predictions for 3 and 6 months out are notably bullish. The 3-month forecast expects a staggering jump to approximately $6,350, a 67% increase.
- XRP and BNB: XRP, priced at approximately $3.54, also shows strong growth potential. The 6-month forecast sees XRP reaching around $5.02, up over 41%. Meanwhile, Binance Coin, now around $773, could hit $916 in just 3 months and $975 in 6 months, a solid 20–28% projected return.
- SOL, DOGE, ADA, and XLM: It’s not just the biggest alts making moves. Coins like Solana, Dogecoin, Cardano, and Stellar also promise healthy returns. For instance, Cardano is expected to jump 54% to roughly $1.36 within 3 months. Stellar and Dogecoin similarly have bright forecasts, suggesting broad-based altcoin bullishness.
So, is altseason here?
With the Altcoin Index surging dramatically, Bitcoin dominance notably declining, and the Fear & Greed Index maintaining a prolonged greedy phase, it certainly looks that way.
Moreover, CoinCodex predictions indicate that market sentiment expects significant growth in leading altcoins within the next 3 to 6 months. Investors seeking high returns beyond BTC might find the current scenario especially enticing.
The metrics point positively, but altcoin investments always come with a substantial risk premium. So please remember to exercise caution. You could also consult our selection of the best altcoins to buy right now for a curated list of potential projects to invest in
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Source:: Are We Entering Altseason? 3 Key Metrics Signal Altcoin Market Revival