Altcoin Season Building Up, These Cryptos Are Leading Early

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Bitcoin’s explosive rally to $111,970 has reignited hopes of a long-anticipated altseason. While the crypto king leads the charge, analysts warn the altcoin market is not quite ready to follow—at least, not yet. The remainder of this bull cycle may hinge on one crucial signal: a breakdown in Bitcoin dominance, potentially triggering a powerful rotation into altcoins.

Is Bitcoin Dominance the Key to Altseason?

According to crypto analyst Kyledoops from Crypto Banter, Bitcoin’s current market cycle is around 75–80% complete, with the final 20% likely to bring explosive upside. On a recent podcast, he projected a strong Wave 3 move could send Bitcoin to $125K–$130K by September, backed by bullish indicators including Market Cipher B, rising money flow, and green dots on the weekly chart.

With the S&P 500 and other major equities hitting all-time highs, Bitcoin appears poised to follow the upward momentum. However, for altcoins to truly rally, a breakdown in Bitcoin dominance—currently nearing the apex of a rising wedge between 66%–69%—is necessary. A rejection at these levels, analysts believe, could finally mark the beginning of a genuine altseason.

Early Signs: Which Altcoins Are Moving?

Although broad altcoin strength is still pending, select tokens are starting to show bullish setups:

• SUI has rebounded off the 0.618 Fibonacci level, currently sitting in profit with reduced risk.
  
• Solana (SOL) bounced from a fair value gap and may retest the $145 level soon, though a full reversal is yet to confirm.
  
• Fantom (FTM/S) has broken out of its downtrend and is targeting a move above $0.38, which would be an early bullish sign.
  
• ONDO, while sitting at range lows, could see action if Bitcoin dominance begins to fall.
  

Meme Coins Are Heating Up

• Nobody Sausage saw a 130% spike, maintaining a bullish posture pending trendline confirmation.
  
• FartCoin is hovering at the 50% retracement zone.
  
• Popcat is in a reaccumulation phase between $0.20–$0.24.
  
• PEPE must reclaim its 50% Fibonacci level to prevent further downside.
  

Other Notable Setups

• NEAR may be forming a double bottom, showing early bullish signs.
  
• GokuCoin continues its upward move on strong fundamentals.
  
• Chainlink remains indecisive, currently in “no man’s land.”
  
• USELESS offered no notable market signals.
  

Outlook: Patience May Pay Off

Kyledoops emphasizes that most altcoins are still in accumulation, and a full-scale rally is unlikely until Bitcoin dominance breaks down and the SPX500 confirms continued momentum. While the market setup for altseason is gradually forming, analysts caution that timing is everything. The next few months could offer golden opportunities—but only for those who stay patient and watch the key indicators closely.