Altcoin Season: Is It Finally Here?
-
Written by
Simonas Brazionis - Updated 2025-10-19 18:57:43
Crypto traders have been eagerly waiting for a full-scale altcoin season in 2025 — but so far, the market has failed to deliver. Recent data suggests that the wait could last even longer, as investor behavior continues shifting in favor of Bitcoin.
According to on-chain analytics, more than 53,000 addresses sent altcoins to exchanges in the past week — the highest level since January 2025. This increase indicates a change in sentiment, with traders likely moving from riskier assets into safer ones.
Historically, when investor sentiment moves from extreme optimism to fear, capital tends to rotate from altcoins back into Bitcoin. This helps explain the steady rise in Bitcoin dominance since mid-September, as seen on TradingView charts.
That’s the question many traders are asking as recent market data shows waning enthusiasm for smaller cryptocurrencies. The Altcoin Season Index, which tracks whether capital is flowing into altcoins or Bitcoin, currently points toward a “Bitcoin season.”.
While this pattern suggests further delays for altcoin season, it might also set the stage for a stronger rebound later — especially since institutions have recently shown growing interest in Ethereum (ETH) compared to Bitcoin.
Table of content
Bitcoin Regains Ground but Faces Resistance
Bitcoin’s price began recovering over the weekend, rebounding by more than 4% from Friday’s local low to trade above $108,000. Despite last week’s sharp pullback, exchange inflows remained weak, suggesting that long-term holders were not selling into the decline.
This resilience indicates that major investors still expect higher prices before the current market cycle ends.
Analyst: Bitcoin Likely to Hover Around $107,000
While Bitcoin’s weekend recovery looks encouraging, some analysts believe the asset will likely consolidate near $107,000 for a while. The prediction comes from Daan Crypto, an analyst on platform X, who attributes the rebound to the “CME magnet” effect — a trading concept where prices often return to unfilled futures gaps.
Data also shows that whales have been relatively inactive, with limited large-volume accumulation during the weekend. Without renewed institutional buying, the current mild recovery could continue rather than turn into a breakout.
What to Watch Next
Market observers are watching for new catalysts this week that could shift demand and liquidity dynamics. The U.S. Federal Reserve’s upcoming meeting at the end of October — where a potential interest rate cut may be discussed — remains one of the key narratives driving expectations.
Until then, Bitcoin may remain range-bound around the $107,000 zone, while altcoins continue to lag behind.
Blockchain Expert
