Altseason Approaches! These Cryptocurrencies Have Already Started Gaining Momentum
Jakarta, Pintu News – July 1, 2025
The recent surge in Bitcoin, which has skyrocketed to an impressive $111,970, has reignited hopes for the long-awaited altseason among crypto enthusiasts. Despite Bitcoin leading the current rally, analysts caution that the altcoin market is not yet fully ready to follow suit—at least not immediately.
The remaining part of this bullish cycle is expected to hinge on one critical signal: a decline in Bitcoin’s market dominance, which could potentially trigger a massive rotation into altcoins.
Is Bitcoin Dominance the Key to Altseason?
Crypto analyst Kyledoops from Crypto Banter estimates that Bitcoin’s current market cycle is roughly 75–80% complete, with the final 20% possibly bringing about an explosive price surge. In a recent podcast, he projected a strong Wave 3 movement that could push Bitcoin’s price to the $125,000–$130,000 range by September. This prediction is supported by bullish indicators such as Market Cipher B, increasing fund inflows, and the appearance of green dots on weekly charts.
With the S&P 500 index and other major stocks hitting all-time highs, Bitcoin seems poised to follow this upward momentum. However, for altcoins to truly gain strength, a decrease in Bitcoin dominance—which is currently approaching the peak of a rising wedge pattern around 66%–69%—is considered crucial. Analysts warn that a rejection at these levels could mark the beginning of a genuine altseason.
Early Signs: Which Altcoins Are Already Moving?
While broad altcoin market strength remains elusive, certain tokens have begun to display bullish patterns:
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Sui (SUI) has rebounded from the key Fibonacci 0.618 level and is currently in a profitable position with reduced risk.
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Solana (SOL) has bounced from a fair value gap and is likely to retest the $145 level soon, although a full trend reversal is yet to be confirmed.
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Sonic (S) has broken out of a downtrend and is targeting moves above $0.38, potentially signaling early bullish momentum.
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Ondo (ONDO) remains near the bottom of its range but could begin climbing if Bitcoin dominance starts to decline.
Meme Coins Heating Up
Several meme coins are showing significant activity:
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Nobody Sausage surged 130% and maintains a bullish stance, though confirmation from trend lines is still pending.
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FartCoin (FARTCOIN) is situated within the 50% retracement zone.
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Popcat (POPCAT) is undergoing a reaccumulation phase between $0.20 and $0.24. – Pepe (PEPE) needs to reclaim the 50% Fibonacci level to avoid further declines.
Additional Noteworthy Setups
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Near (NEAR) appears to be forming a double bottom pattern, indicating early bullish signals.
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GokuCoin continues its ascent backed by strong fundamentals.
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Chainlink (LINK) remains in a neutral zone, caught in a “no man’s land” without a clear directional bias.
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USELESS shows no significant market signals at present.
Outlook: Patience Could Pay Off
Kyledoops emphasizes that most altcoins are still in the accumulation phase, and a major rally is unlikely until Bitcoin dominance diminishes and the SPX500 index confirms sustained momentum. Although the market structure is shaping up toward an altseason, timing remains critical. The coming months may present a golden opportunity, but only for those who remain patient and vigilantly monitor key indicators.
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Reference: Coinpedia. "Altcoin Season Building Up – These Cryptos Are Leading Early." Accessed July 1, 2025
Written by Deswita Zela
Topics: Altseason, Latest Crypto Market Analysis, Bitcoin Price, Meme Coins