Yet again, the anticipant group of altcoin investors finds themselves on the cusp of excitement. The familiar refrain resonates: “Altcoin Season is nigh!” But the true punctilio of when this elusive season might begin escapes even the most seasoned ears. Enter Don Wedge, with a prognostic prowess that stings of inevitability, suggesting that within the next 112 days, the ghosts of past market cycles may manifest once more.
According to the sagacious remarks of Don, the long-term tale told by the Altcoins/BTC chart is a cycle of predictable monotony. Indeed, history whispers twice in our direction. In 2017, just when interest began to wither, Bitcoin‘s dominance waned, and altcoins, in their resplendent resurgence, leapt by 500% or more. Such movements emerged during the dullest of months, when traders’ passions had evaporated like morning mist.
Then, like an encore of a truly forgettable performance, 2021 saw Brazilian Karaoke classics in the market-after Bitcoin’s samba-like peak near $69,000, altcoins maneuvered yet again to center stage. Ethereum soared, and smaller coins danced even more vigorously, until once again, the backing orchestra played a lull after a long, uneventful encore and an audience of somber traders.
On both these occasions, the rise of altcoins magically coincided with the trough of market sentiment, a time bereft of the usual hysteria. Don, in his peculiar brilliance, now highlights that the Altcoins/BTC chart lounges tantalizingly close to another venerable long-term support level, where previous cycles have indicated the beginning of prosperous altcoin rallies.
If history, that capricious and often indifferent director of human affairs, repeats itself, another Altcoin Season may soon be underway.
Altcoin Season 3: Bigger, If Luck Serves
No prior season saw institutions as they are now, perched on the sidelines waiting for clearer regulations. Should they dash onto the field when altcoins have already found their legs, we might witness a most unexpected and sprightly dance of coins.
The current whisperings of rotation suggest a charm offensive by utility tokens, AI-related projects, and infrastructures intertwining tokens. The market, with its usual flair for drama and giddiness, teases with early but erratic promises.
The Index Remains a Stoic Guardian Favoring Bitcoin
Despite all the ostentatious signals, the Altcoin Season Index, that grim stalwart, now rests at 43, having grown unexpectedly somber by four points. Historically, these heralds of altcoin seasons disdain high indices, preferring nuanced beginnings not yet swayed by coin charisma.
Thus, while the market lulls itself into a pastoral calm, investors murmur quietly, clinging stubbornly to those faint signs of change. And so, history might yet reveal that this same trailing echo is where the seed of the next altcoin boom finds its fertile ground.
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2026-01-28 10:37