According to Swissblock’s report on Monday, approximately 75% of altcoins are encountering resistance, a crucial juncture where “altseasons either commence or falter.”
The company utilized a market impulse indicator to highlight that weak altseasons tend to occur when Bitcoin is robust, marked by “brief surges and restricted rotation.”
Conversely, robust altseasons necessitate substantial capital influx, which happens when Bitcoin’s relative strength diminishes, its dominance decreases, and altcoins broadly break out, the report elaborated, adding:
“We’re at a pivotal moment. Bitcoin’s momentum is waning, and capital rotation is underway.”
75% of altcoins face resistance.
This is where altseasons either commence or falter.
Weak altseasons (light green area) arise when Bitcoin is strong — brief surges, restricted rotation.
Robust altseasons necessitate real capital influx: Bitcoin’s relative strength wanes, dominance decreases,… pic.twitter.com/BsS0poagUk
— Swissblock (@swissblock__) July 21, 2025
Altseason Signals
Bitcoin has retreated 4.7% from its peak, briefly dipping below $117,000 during Tuesday’s Asian trading hours.
Moreover, its dominance has fallen by 8.5% to under 59% in recent weeks, primarily benefiting Ethereum, which has been surging.
In contrast, Ethereum’s dominance has climbed 37% since late June, reaching 11.8%, as the asset has soared over 60% in the last 30 days.
Analyst “Mister Crypto” noted that the altseason index has returned to the 50 mark, a significant indicator that a shift towards altcoins might be underway.
The Altseason Index just reached 51.
IT’S HAPPENING! pic.twitter.com/WWSayMP2iP
— Mister Crypto (@misterrcrypto) July 21, 2025
Analyst ‘Titan of Crypto’ pointed out a cup and handle chart pattern on the multi-year timeframe, suggesting a potential altseason. “Once this pattern breaks, the long-awaited altseason will finally ignite,” they remarked.
“Altcoins are taking charge,” noted Alex Kuptsikevich, chief market analyst at FxPro, in a note to investors, adding that Bitcoin has struggled to sustain its growth over the past week.
“During such times, enthusiasts cautiously reduce their BTC holdings while increasing their altcoin positions.”
However, the CoinGlass bull market peak indicator suggests that none of the 30 metrics currently signal an imminent peak of the bull market.
Crypto Market Overview
The crypto market is experiencing a downturn today, with total market capitalization dipping to a weekly low of $3.95 trillion at the time of writing.
Bitcoin has fallen from its intraday high of over $119,500 to briefly dip below $117,000, stabilizing at this level in recent hours.
Ethereum, which reached a seven-month peak on Monday, has dropped below $3,700 at the time of writing, though it remains up 24% over the past week.
Solana is defying the trend with a 5% increase, surpassing $200 for the first time since February, but other cryptocurrencies are experiencing declines, cooling off from recent gains.
The article “Analysts Note Signs of Altseason as Capital Shifts in Crypto Market” originally appeared on CryptoPotato.
