Altcoins Ignite: Is a Massive Bull Run Imminent in 2025?
FOMO alert: Altcoins are flashing green across the board—and this time, it's not just another dead-cat bounce.
Why the sudden heat? Three catalysts could send prices stratospheric.
First, Bitcoin's dominance is slipping as traders rotate into high-beta plays. Ethereum’s Shanghai upgrade finally unlocked staked ETH, flooding liquidity into DeFi blue-chips. Meanwhile, Solana’s outage-free streak hits 180 days—just as institutional money starts nibbling.
Second, the Fed’s rate pause has crypto degens yolo’ing into leverage like it’s 2021 again. Perps funding rates just turned positive after six months in the basement. Even Goldman’s crypto desk is quietly accumulating—probably to sell you the top later.
Third, that obscure 2017 ICO token you forgot about? It’s up 900% this month. When shitcoins moon, you know speculation’s gone nuclear.
Caution lights? Of course. Tether’s printing press is suspiciously quiet, and retail volume still lags 2021 peaks. But when the altseason sirens blare, nobody wants to miss the boat—even if it’s headed straight for a regulatory iceberg.
Bitcoin dominance in bear flag
Source: TradingView
Bitcoin dominance is a good place to start for sizing up the chances for altcoins. In a decline since hitting 66%, bitcoin dominance has recently formed a bear flag. While the price is making higher highs and higher lows, this is a typical bear flag setup, therefore a breakdown is likely, and given the overhead resistance, it might be sooner rather than later.
A target for the breakdown is the horizontal support at 60%, although if the measured MOVE of the bear flag plays out, the target could be as low as 57%.
Bitcoin dominance to 57%?
Source: TradingView
Zooming out into the weekly time frame for Bitcoin dominance a trendline can be drawn for the long uptrend since 2023. This also acts as a canary in the coalmine, because if this is breached, the way WOULD be clear for that 57% dominance.
Total3 bull flag nears breakout
Source: TradingView
Total3 is the combined market cap of all the cryptocurrencies except $BTC and $ETH, and so is a very good barometer of how the altcoins are doing.
The short term chart above shows a bull flag, which is much more likely to exit from the top than from the bottom. A decent horizontal support band is not far under the price so a bull flag breakout could happen soon.
If successful, the breakout could take the price to $1.18 trillion, which is the measured move out of the bull flag. This would also result in a new all-time high, boding well for the rest of this bull market cycle.
Total3 cup and handle pattern targets $2 trillion
Source: TradingView
Looking at Total3 on the weekly chart, a head and shoulders pattern becomes obvious. The handle is still forming, but if the market cap can get back to $1.13 trillion, this will complete the pattern. A breakout of the neckline would perhaps lead to a retest and confirmation. The measured move would be to $2 trillion - slightly more than a 2x from the current price.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
