A fresh wave of optimism is sweeping through crypto markets, and altcoins may be on the verge of reclaiming the spotlight.
While Bitcoin surged past $104,000 amid easing global tensions and renewed investor confidence, analysts are now eyeing early signs of a shift toward riskier assets.
Several market observers have flagged an uptick in altcoin momentum, pointing to technical breakouts and capital rotation as possible signs of a longer rally. A key metric tracking market bias recently moved out of a prolonged Bitcoin-dominated phase — a signal some interpret as the beginning of a broader altcoin upswing.
But not everyone’s convinced. Critics argue that enthusiasm is outpacing fundamentals. Despite recent gains, many altcoins remain deeply underwater from previous highs. While some traders see familiar patterns from past bull cycles, others believe the lack of strong narratives and retail engagement makes this cycle harder to trust.
Still, short-term sentiment is bullish. Ethereum’s strong rebound and memecoin spikes hint at rising appetite for speculative assets. The rally, fueled in part by news of progress in U.S.-China trade negotiations and a pause in South Asian geopolitical tensions, appears to be spilling across the board.
Whether this marks the start of a true altseason or just another short-lived pump remains to be seen — but momentum, for now, is building.
Alexander Stefanov
Reporter at Coindoo
Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over 8 years of experience covering the crypto, blockchain and fintech industries, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics.
Source: https://coindoo.com/altcoin-season-or-not-risk-appetite-returns-to-crypto/