- •Altcoin market cap is still 20% below its all-time high
- •No clear signs of an Altseason yet
- •Bitcoin and Ethereum strength must lead first
Altcoin Market Still Lacks Breakout Momentum
Despite growing excitement across the crypto space, we are not in an Altseason—and according to market analysts, we’re not even close. The altcoin market cap (excluding stablecoins) remains roughly 20% below its previous all-time high (ATH), signaling weak relative performance.
In previous cycles, Altseason only arrived after sustained rallies in Bitcoin (BTC) and Ethereum (ETH). So far, that leadership has not yet materialized in a way that can sustainably lift smaller-cap assets.
While some altcoins have shown localized strength, this is not the widespread breakout associated with true Altseason.
Bitcoin & Ethereum Must Lead First
Historically, Bitcoin rallies first, pulling in institutional capital and reigniting retail interest. Once BTC finds a strong footing and consolidates near new highs, Ethereum typically follows, showing signals of strength across the broader layer-1 and DeFi sectors.
Only after both BTC and ETH stabilize or surge together does capital begin to rotate into altcoins — leading to full-blown Altseason.
Without that setup, rotating heavily into alts too early could result in:
- •Heavy drawdowns due to weak liquidity
- •Choppy price action that fails to trend
- •False breakouts that trap short-term traders
We are not in an Altseason yet, not even near.
— Ted (@TedPillows) October 13, 2025
Altcoin MCap excluding stables is still down 20% from its ATH.
For now, we need to see strength in BTC and ETH.
If that happens, alts will get the momentum.
Don't FOMO everything into alts now and wait for a clear sign. pic.twitter.com/OCBKIhuljy
Caution Advised: Don’t FOMO Into Alts
While it’s tempting to chase green candles, current market conditions suggest that investors should remain patient and strategic. The real Altseason tends to come with:
- •Clear technical breakouts on altcoin market cap
- •Strong BTC dominance retracement
- •High volume across multiple alt sectors
Until those signs appear, it’s wise to keep attention on Bitcoin and Ethereum and avoid rotating prematurely into lower-cap assets.
In short: Don’t FOMO. Let the market confirm the move before going all-in on alts.