Joao Wedson, head of blockchain analytics firm Alphractal, has forecasted a major shift in the crypto market — and this time, it’s altcoins taking the spotlight.
In a detailed social media update, Wedson shared his outlook for the coming months, painting a bullish picture for smaller-cap digital assets.
According to Wedson, signs of life are already visible in the altcoin sector, and the momentum could significantly pick up as early as June. He anticipates that this will mark the end of the current accumulation phase, with a breakout expected to follow. The strongest price action, he says, will likely emerge in August and September, fueled by surging interest in sectors like memecoins, GameFi, and decentralized finance (DeFi).
Wedson believes Bitcoin dominance is poised to weaken, making room for altcoins to flourish. He describes this upcoming cycle as a classic “rotation” — where investors begin reallocating capital from Bitcoin into more speculative assets in search of higher returns.
However, he also issued a note of caution. While many tokens could reach record highs in the fall, particularly between October and November, this period may mark the start of a wider sell-off. In his view, this would be a classic “distribution phase,” where seasoned traders begin locking in profits.
Interestingly, Wedson argues that Bitcoin’s influence on the broader market has diminished in recent years. With its slower transaction speed and limited scalability, it’s no longer the go-to choice for everyday crypto users. Instead, networks like Ethereum, Binance Smart Chain, and Tron now dominate blockchain transaction activity — a trend he says has been accelerating since 2022.
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/here-is-when-the-altcoin-season-could-begin-according-to-crypto-analysts/