Altcoin traders can hardly contain itself because the long -awaited break seems to have started. ETH has displayed gains of more than 20% in the last seven days and smaller ceiling parts, Doge and BNB are near behind, with a ChainLink liaison token at the top of 30% in the same period of time. Does that finally mean the Alt season here?
A painful bull market for altcoin traders
2025 was a stellar year for Bitcoin, seeing the rise of Crypto number one regularly higher, marking a new summit of all time of ~ 122,838 $ on July 14, fueled by an increase in institutional demand and a favorable regulatory climate instead.
It cannot be said as many altcoins, which have wooled far from their peak levels. The dull performance of Ethereum, in particular, caused divisions within its community, which has led a lot to wonder if the divergence between technology and the price was an existential problem.
Just as Eth Price was starting to break out and see a sustained impulse, a renowned trader and former CEO of Bitmex Arthur Hayes shaken ETH holders, selling 2,373 coins of his hiding place and providing for short -term winds for the number one Alt, which, according to him, would test the global slowdown of $ 3,000.
Those who have continued in Hodl their ETH feel euphoric today while ETH Price has increased by more than 50% in a month, certain prediction platforms providing price targets above $ 60,000. Even Hayes brought to Crypto Twitter this morning to admit the madness of his decision, marking the funds of Tommy Lee, now the biggest ETH holder, with the words:
“I had to bake everything, do you forgive me?” I swear Pinky, I will never become profit again.
Is the Alt season finally there?
With Hayes on board, BTC and Crypto allowed 401ks, and Ethereum Bulls from Buterin to Bankless, finally believing in the strength of this last rally, does that mean that the long-awaited Alt season is finally there?
It certainly resembles what more than one captain’s coins start to pump at all levels. Before overcoming your skis, however, take note: this year’s Alt season may differ from previous cycles. As the trader and the bond ambassador points out, Ito Shimotsuma: underlines:
“Each #alts-season is smaller than the previous ones. And that’s why I tell you to focus more on Dyor. In 2017, all ICO randomly pumped 100x.
Another well-known Altcoin trader, Miles Deutscher, also shows caution, confirming that, in his opinion, an alt mini-season finally occurs, but pay attention to BTC rotation between the 120 to $ 140,000 mark.
In the founder of cryptocurrency, Benjamin Cowen is notably less optimistic about the Alts, warning:
“It’s not the Alt season.
It’s the eth season
Let’s not confuse both “
Is the Bitcoin rally finally finished?
With Ethereum and Alts pumping, Bitcoin is currently outperformed and the domination of Bitcoin fell to 59.2% at the time of writing after months of stable maintenance of more than 60%.
According to the bitcoin macro strategy, ecoinometry, the Bitcoin correlation with the Nasdaq is at the origin of this recent stand.
“Bitcoin correlation with Nasdaq helps explain the recent price action.
When the actions fell sharply at the end of last week, Bitcoin followed. This is what you expect when the correlations are high.
Now that the Nasdaq resumes its upward trend, Bitcoin moves again with it. »»

All the eyes will be on the wider macro image that will move in next week to see what the next Bitcoin movement will be and how long this Alt season could last.
Ethereum market data
At the time of the press 12:41 pm UTC August 9, 2025Ethereum is classified n ° 2 by market capitalization and the price is up 7.48% In the past 24 hours. Ethereum has a market capitalization of $ 507.59 billion with a 24 -hour trading volume of $ 51.18 billion. Learn more about Ethereum ›
Summary of the cryptography market
At the time of the press 12:41 pm UTC August 9, 2025The total crypto market is assessed at 3.94 dollars with a volume of 24 hours of 170.51 billion dollars. Bitcoin domination is currently at 59.18%. Learn more about the cryptography market ›




