A net carrying a heap of coins out of the water
KEY TAKEAWAYS
- Altcoins have rebounded strongly after a difficult period, and are set to go higher.
- Analysts note that the total altcoin market cap has held a key support level.
- Despite improving altcoin conditions, Bitcoin still leads the market.
Altcoins have picked up steam after the harsh end of 2025. Several of them have recorded phenomenal gains in the past seven days, but there is more to explore. Altcoins seem ready to go to new all-time highs based on current indications.
According to a chart shared by renowned crypto analyst Michaël van de Poppe, the altcoin market cap, which is the total valuation of all altcoins, has successfully held a critical support level and is now ready to push towards a new all-time high.
While this does not imply that every altcoin is about to reach a new all-time high, it means that many of them are about to rally higher and bring the market cap to a whole new valuation not seen before now.
Is Another Altcoin Season Here?
Bitcoin had a difficult year in 2025, particular in Q4, but altcoins suffered even more with a downtrend that seemed to have no end. With the new year however, a new rally has started both for Bitcoin and altcoins. Poppe’s anticipation of altcoin rally to new all-time high isn’t isolated as some analysts already suggested it.
A few days to the end of 2025, an analyst highlighted an indicator suggesting that altcoins may be about to break out of the downward trend. Apparently, the current rally could be as a result of this previous sign playing out. With such a rally, the question of a new altcoin season also comes into play as investors have long looked forward to one.
This is a time when altcoins far outperform Bitcoin in price gains, resulting in unusual rewards for holders of most assets. With the market cap breaking out and holding the crucial support long enough, it means the assets have gathered enough momentum for a bigger rally, but Bitcoin must give way.
Bitcoin Losing Dominannce
Bitcoin Dominance is the size of the crypto market that Bitcoin accounts for, expressed as a percentage. This dominance needs to drop for altcoins to enter a season of exclusive rally, and recent data shows it is already on a decline.
Currently at 58%, the dominance will have to drop lower to allow a takeover by altcoins. If this happens, an altcoin season could be ushered in but for now, the general market rally led by Bitcoin remains the focus.
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