Key Insights:
- Altcoins Signal Entry Into Crypto Bull Run
- Falling Gold and Rate Cut Expectations Boost Crypto Bull Outlook
- Bitcoin Dominance Slows Altcoin Crypto Bull Momentum
Crypto bull runs are starting to emerge in numerous market indicators. Leading analysts are pointing out conditions that indicate a possible bottom might have been established in the altcoin space.
Altcoins are in a final area just before a bottoming pattern, according to Michael van de Poppe. He highlights the technical prowess in the OTHERS/BTC chart and a faltering gold market as he argues that a trend reversal is possible.
The background consists of anticipations of additional liquidity injections in case economies deteriorate and central banks take action by cutting rates.
It is well known that such macroeconomic changes cause higher inflows into higher-risk investments, such as altcoins.
Gold, a traditional safe-haven, has not been able to penetrate the critical barrier of $3,365 in recent times and is instead back on the downside. Van de Poppe considers this trend an indication that capital can soon rotate to riskier assets.
With gold at retreating levels and inflationary tension subdued, the conditions are more favorable for digital assets.
More evidence of this view can be found on the monetary policy front. The anticipation of a further rate decrease by the Federal Reserve is increasing, which could inject liquidity into the financial markets.
Such a liquidity setup has been associated with an intensifying crypto bull run in the past. This is mainly true of the non-Bitcoin digital asset classes that are susceptible to capital rotation.
OTHERS/BTC Chart Reveals Structural Bottom Formation
The OTHERS/BTC ratio has since established a multi-week bottom at long-term technical support, and there has been bullish divergence on momentum tracers, such as the Relative Strength Index.
This divergence shows that although prices have shown lower lows, the momentum is getting better. It looks similar to previous cycle bottoms, such as those in 2016 and 2020, when similar setups were followed up by a considerable rally across the altcoin sector.
The movement in price action on the ratio also indicates the accumulation of liquidity and the subsequent stage of expansion, which further supports the argument of an incipient crypto bull run.
Whereas the altcoins are carving out a base, Bitcoin is not far behind, as it also emits perfect technical indicators. A golden cross (a situation where the 50-day moving average crosses above the 200-day moving average) has just been printed on the Bitcoin chart. In the past, this indicator has been followed by major price expansions.
The example of Bitcoin in 2016 is that after the golden cross, it rose by 139 percent. The transition caused a 2,200% rally in 2017. In 2020, the indicator was followed by a 1190% rise in the price of Bitcoin. In the year 2025, the same form has manifested itself. Whenever such a pattern crosses, it signals the start of a crypto bull market, with Bitcoin rising to prominence at the forefront and altcoins catching up down the line.
All of these past precedents raise high hopes of a revival in momentum as retail and institutional investors once again become interested in the asset class.
Bitcoin Dominance Climbs to Multi-Year Highs, Capping Crypto Bull Run Momentum
Although the technical patterns of altcoins are becoming resolute, the primary challenge is that of Bitcoin supremacy. Analyst Tony Severino has highlighted that BTC dominance has now hit 70% since mid-last year.
The existing degree of dominance allows for the prediction that capital may not be shifted to other assets in the near future, and altcoins can expect a limited upside in the short term. Severino also indicates that Bitcoin’s RSI is below 70 on a larger time frame, which means that BTC will retain its bull trend.
The Altcoin Season Index reads 22 at present. This indicator follows the pattern of outperforming most of the leading altcoins compared to Bitcoin in a 90-day span. When it is less than 25, it implies that Bitcoin is still the master of the performance universe, and altcoins are in its wake.
The visual data of recent charts confirms this uneven image. The OTHERS/BTC ratio has a lengthy baseline with steady support pullbacks and accelerating gains. In the meantime, the Bitcoin price graph shows the new forming golden cross, which confirms bullish prospects in the long term. The Bitcoin dominance chart, on the other hand, shows a steep climb, indicating that investors prefer BTC in the present period.
The gold chart reflects a change of sentiment, as the metal has not been able to stay in the breakout mode and is now trending down again. This transition out of traditional hedges could be a sign of increased appetites for other types of assets, possibly leading to a crypto bull run.