Q3 was supposed to be altcoin season, but it never really showed up. Aside from a handful of standouts, most tokens stalled, and the sharp sell-offs in late September left many traders questioning whether the rotation from $BTC into alts had fizzled.

Now, as Q4 begins, the charts are starting to tell a different story. Altcoin dominance looks eerily similar to 2017, when a flat curve suddenly gave way to a vertical breakout that defined the back half of the bull run.

The total crypto market cap excluding Bitcoin has also passed the $1.49T level, a zone that previously acted as resistance in 2021 before flipping into support. Historically, these kinds of retests mark the foundation for trend reversals.

The macro backdrop adds fuel to the setup. The Fed’s recent rate cuts loosen financial conditions, and with more expected, risk assets like altcoins have more room to run.

Meanwhile, regulatory clarity in the U.S. has been improving, with multiple altcoin ETF applications slated for decisions before year-end. If approved, those vehicles could unlock institutional liquidity that flows directly into the alt market.

Why does this matter? Because altcoin season is often the signal that the bull cycle has entered its second and most explosive leg. With only three months left in 2025, the conditions are aligning for a rotation that could mirror past cycles.

And if history is any guide, projects like Bitcoin Hyper ($HYPER), Go to Source to See Full Article
Author: Ben Wallis