The Altcoin Season Index fell to 35, marking the altcoin market entering a critical phase. Bitcoin’s dominance has weakened, leading to a rotation of capital into alternative assets.
The market structure indicates that altcoins are preparing for an expansion phase. Ethereum has become one of the main drivers of sentiment in the altcoin market.
The dominance of Bitcoin against the strength of Ethereum?
Ethereum has shown resilience against Bitcoin, performing well amid broader market volatility. At the time of writing, ETH/BTC was trading at 0.03484. It has held above its 2025 decline and support level despite market fluctuations.
Source: TradingView
Ethereum has continued to test its long-term descending trendline, which has remained intact since 2017. Could early signs of a bullish MACD crossover indicate strengthening relative strength as Bitcoin’s dominance fades?
The total 2 forms an ascending triangle
The total crypto market cap, excluding Bitcoin, has remained stable around $1.29 trillion. The weekly chart shows an ascending triangle pattern.
Source: TradingView
This structure reflects constant accumulation pressure, with a breakout expected to attract capital to altcoins. But could failure to maintain the ascending support trendline lead to near-term downward pressure?
Altcoin Season Index Falls to 35
The Altcoin Season Index fell to 35, marking a transitional phase in the market. Although Bitcoin still outperformed most assets, the index showed that some altcoins gained ground.
Source: BlockChainCentre
Similar index levels in the past have led to periods of selective altcoin strength. These phases were followed by broader participation in the altcoin market.
Other altcoins join the rally
As the market shifted direction, several altcoins saw strong gains, confirming the growing momentum. Monero (XMR) surged 85.39%, Chiliz (CHZ) 84.82%, and MYX 82.13%.
Dash (DASH) increased by 70.61%, Zcash (ZEC) by 60.07%, and Bitcoin Cash (BCH) by 23.79%.
Source: CoinMarketCap
Privacy-focused assets have shown strength in the altcoin market
What’s next for Bitcoin and altcoins?
As Bitcoin’s dominance has waned, the market has seemed more receptive to the altcoin’s leadership. Ethereum’s ability to retain ETH/BTC support has remained critical to market direction.
If altcoins continue to gain momentum, Ethereum’s leadership will be essential.
Ultimately, the future of the market depends on whether altcoins can maintain their momentum, while Bitcoin plays a secondary role.
Final Thoughts
- Altcoins gained momentum, with Ethereum leading the charge as Bitcoin’s dominance faded.
- Privacy coins showed strength and investments in utility altcoins continued to grow as momentum maintained.
