Altcoin Crashes Before ‘Altseason 3.0’? Here’s the Analysis You Need to Know

Jakarta, Pintu News – The crypto market is stealing the spotlight again after a weekend of turmoil and massive liquidations. Billions of dollars in value evaporated from the market, causing many altcoins to plummet sharply. However, amidst the panic, a number of analysts believe that this is actually a starting point towards “altseason 3.0” – a phase where altcoins usually register a tremendous price surge after a period of major correction. Will history repeat itself, and altcoins lead another big rally like in previous years?

Crypto Markets Volatile, Is it a Sign of a New Altseason Beginning?

The cryptocurrency market is in turmoil again after a weekend of massive liquidations, with billions of dollars evaporating from global markets. Some analysts argue that this major correction paves the way for a new phase called “altseason 3.0” – a time when altcoins typically score extreme price spikes after periods of Bitcoin (BTC) weakness.

Renowned crypto analyst Bull Theory explained that every major expansion in the crypto market is always accompanied by a sharp correction of between 30% and 60%. “Every major cycle always has a reset moment, but afterward there is the strongest rally,” he said. This refers to the events of March 2020 during the pandemic that cut 70% of market value, as well as May 2021 that wiped out more than 50% of global crypto capitalization.

Altcoins are Victims, but Rebound Potential Lurks

As with previous cycles, altcoins were again the biggest victims of the massive sell-off this time. Ripple (XRP) fell 18% to around IDR 40,400, Solana (SOL) plunged 22% to IDR 3,205,000, Dogecoin (DOGE) dropped 28% to IDR 3,300, while Cardano (ADA) and Chainlink (LINK) corrected 25% and 26% respectively in less than 24 hours.

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However, some analysts see a golden opportunity behind this correction. Analyst Ash Crypto thinks that this condition is similar to March 2020, which was then followed by a huge rally where altcoins rose up to 25x-100x. “We could be seeing a similar pattern, as the market is forming the foundations for the next big revival,” he said.

Technical Signals Point to ‘Altseason 3.0’

Merlijn The Trader analyst found the same technical signals as in the 2017 and 2021 bull run cycles. He highlighted a bullish MACD cross pattern on the BTC/altcoin chart in the monthly timeframe – a classic pattern that usually marks the start of the altseason.

“If this pattern holds, then we could be at the beginning of the third altseason phase,” he wrote. Chart data shows that the technical indicator previously appeared before the big altcoin spikes in the last two bull market cycles.

Total Crypto Capitalization Drops Again Below IDR66.3 Quadrillion

Despite positive sentiment regarding a potential alt-season, the total crypto market capitalization fell back below the psychological threshold of IDR66.3 quadrillion ($4 trillion) on Tuesday (15/10). Bitcoin (BTC) led the decline with a 1.4% correction to around IDR1.875 billion ($113,500), while some altcoins started to record daily rebounds.

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Meanwhile, Bitcoin dominance – an important indicator that measures the strength of altcoins against BTC – formed its first weekly red candle in five weeks, dropping below 59%. This drop in dominance is usually one of the early signals that money is starting to flow from Bitcoin to altcoins, indicating the possible start of altseason.

Conclusion

The current state of the crypto market reflects a pattern that has occurred in the past: a major correction that could potentially be the starting point of a new rally. Although altcoins seem to be taking a beating, technical signals and historical data suggest that the altseason cycle could be starting soon. However, traders are reminded to remain cautious and pay attention to risk management amid high market volatility.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• Cointelegraph. Altcoins typically dump hard before altseason: Will history repeat?. Accessed on October 15, 2025.
• Featured Image: Generated by Ai