Is the Altcoin Season Over? Here Are Important Signals from the Ethereum Price Chart

Jakarta, Pintu News – Currently, the altcoin season looks weak as the CoinMarketCap Altcoin Season Index stands at 24, indicating Bitcoin’s dominance. However, the Ethereum (ETH) chart is showing signs of recovery, with prices remaining above key levels.

Major coins such as BNB (BNB), Solana (SOL), XRP (XRP), and ADA show mixed prospects, while traders wait for the next move.

Altcoin Season: What Are the Real Conditions?

Citing a report by CoinRepublic, the crypto market is currently still in a phase called Bitcoin Season by traders. The Altcoin Season Index on CoinMarketCap currently shows a reading of 24 out of 100. This figure reflects that Bitcoin has remained stronger than most altcoins over the past 90 days.

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The index last reached 87 in December 2024, but has been on a decline ever since. Currently, the total market value of altcoins stands at around $1.63 trillion, with Bitcoin (BTC) accounting for around 59% of the overall crypto market.

For a period to be categorized as an altcoin season, at least 75 of the top 100 altcoins must perform better than Bitcoin. However, this is not the case right now.

In the past three months, only a few altcoins have experienced huge surges, such as MYX which rose 2462%, Aster (ASTER) rose 1214%, and Mantle (MNT) rose 102%. In contrast, most major coins such as Cardano (ADA), Avalanche (AVAX), Near (NEAR), and Dogecoin (DOGE) recorded declines of between 17% and 23%.

This fact shows that the market is still dominated by Bitcoin. The mixed results from altcoins reflect the cautious attitude of investors. Many traders still seem to be waiting for clearer signals before getting back into smaller-cap altcoins. Until then, Bitcoin remains the main driver in the crypto market.

Ethereum Held at Key Support Level

Amidst the weak altcoin season, Ethereum is showing a bit of strength. Crypto analyst Ash Crypto mentioned that Ethereum’s monthly chart shows a breakout from a price pattern in the span of the last four years. The coin has retested its old support level and is still holding above that area.

In addition, the chart also shows that Ethereum remains above its 200-day and 300-day moving averages, which usually signal long-term strength.

The Relative Strength Index (RSI) indicator is also in the neutral area, which means the market is neither overbought nor oversold. Currently, Ethereum’s price is hovering around $3,943, up about 1.7% in the past week. Its market capitalization stands at $476 billion, with daily trading volume close to $27 billion.

Many traders are currently watching the $4,000 level, because if the price manages to break above it, this could be the start of a new upside phase.

Ethereum’s consistent position above its key moving averages suggests that the coin is building a strong foundation after experiencing a correction. This has the potential to restore investor confidence in altcoins, although for now, the overall direction of the crypto market is still following the trend set by Bitcoin.

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Altcoin Market: BNB, SOL, XRP, and ADA Show Mixed Results

It is worth noting that some of the major altcoins are currently moving in different directions. For example, BNB is trading at $1,115 with a market capitalization of $155 billion and a daily trading volume of $2.8 billion. The digital asset is up about 1% in the past week.

Meanwhile, Solana is at $192, with a market capitalization of $105 billion and daily volume of $5.1 billion. The coin has gained about 4% this week. XRP is trading around $2.56, up about 8% over the past week. Its market capitalization stands at $153 billion, with a daily trading volume of $4.6 billion.

Cardano (ADA) is at $0.65 with a market capitalization of $23 billion and a daily volume of $708 million. The coin recorded a slight increase after an earlier decline.

Despite recording small gains, most altcoins still lag far behind Bitcoin’s performance. To truly enter altcoin season, the market needs to see more consistent growth from major coins like Ethereum, Solana, and XRP.

Currently, Bitcoin is still the main driver of the crypto market. Based on the data and price charts, the altseason has not yet arrived. However, positive signals from Ethereum give hope that change may be on the way. Traders are now waiting to see if that market shift will begin soon.

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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:

• Coin Republic. Is Altcoin Season Really Dead? Key Insights from the Ethereum Price Chart. Accessed on October 27, 2025