At this moment of new all-time highs, analysts are commenting on whether we are in the Altcoin Season or not. However, the current index of 53 reveals that it is not yet time, despite Bitcoin’s dominance having fallen to 59.3%.
Altcoin Season: the Index at 53 reveals the potential, while Bitcoin dominance decreases
At this moment of new all-time high prices for the main cryptos, analysts are also examining the Altcoin Season, with the indices, however, only speaking of potential.
In fact, according to Blockchain Center and Coinglass, the current Altcoin Season index is 53, far from the score of 75, which indicates the traditional threshold.
This means that there is a potential for Altcoin Season coming or that, on the contrary, it has already passed.
The term “Altcoin Season” refers to the period when cryptocurrencies other than Bitcoin, such as Ethereum, Ripple, Litecoin, experience exceptional performance. During this period, the price increase of these altcoins can surpass that of Bitcoin, attracting significant attention and capital from investors.
To confirm such current potential, there is also the decline in the dominance of Bitcoin, which has fallen to 59%. This percentage is the lowest since last February 2025. In these six months, however, Bitcoin dominance reached a peak of over 65% at the end of June.
Usually, when the Bitcoin dominance starts to decrease, the potential for an Altcoin Season increases.
Altcoin Season: the bullish around Ethereum
Many analysts are highlighting how this period more than Altcoin Season, can be better described as the “Ethereum Season”.
For example, Cas Abbé, a well-known market commentator, highlighted this concept on X as follows:
“Non siamo in una Altseason”.
Durante una Altseason, il grafico Others/BTC non appare così.
Siamo nella Ethereum Season, poiché la maggior parte della liquidità sta fluendo in ETH.
Per l’Altseason, abbiamo bisogno di più liquidità al dettaglio che non arriverà finché ETH non raggiungerà un nuovo ATH.
Una volta che ciò… pic.twitter.com/dNluBSp66n
— Cas Abbé (@cas_abbe) 12 agosto 2025
“We are not in an Altseason.” During an Altseason, the Alt/BTC chart does not look like this. We are in the Ethereum season, as most of the liquidity is flowing towards ETH. For the Altseason, we need more retail liquidity, which will not come until ETH reaches a new ATH. Once that happens, the Alt/BTC pair will start to show strength and might even break this bear trend. My prediction is that this will happen in October/November 2025.”
Other analysts or crypto figures claim instead that the Altcoin Season has begun, led by Ethereum.
LA STAGIONE DEGLI ALTCOIN INIZIA ORA!
ETHEREUM GUIDA LA STRADA !!!
— Carl Moon (@TheMoonCarl) 12 agosto 2025
“THE ALTCOIN SEASON STARTS NOW! ETHEREUM LEADS THE WAY!!!”
The latest news on Bitcoin and Ethereum
At this moment of all-time highs, the main crypto seem to shine. Just today, Bitcoin (BTC) has surpassed the threshold of $124,000 confirming its new ATH – All Time High ever.
Even Ethereum (ETH) rides the wave of highs after 4 years, placing its new ATH above $4760.
The latest news have discussed about a large institutional participation in the Bitcoin market, with 75% of volumes on Coinbase coming from this category of investors. This is a key signal to predict significant price movements coming.
Regarding Ethereum, the company Standard Chartered has published its new price forecast which sees ETH rising to $7,500 by the end of 2025.
Source: https://en.cryptonomist.ch/2025/08/14/altcoin-season-the-index-at-53-states-that-it-is-not-yet-time/