The cryptocurrency market has taken a brutal hit, losing over $1 trillion in just three months. Panic selling has taken hold as investors watch prices tumble. Bitcoin, which was trading above $101,000, has now plunged to around $82,000 as of Thursday, March 13, during early New York trading.

But the real pain is in the altcoin market. With Ethereum (ETH) and Dogecoin (DOGE) leading the downturn, traders are left wondering: is this just another dip, or is the long-awaited altseason slipping further away? And with the rise of spot crypto ETFs, could the usual market cycles be shifting for good?

Let’s break down the key signals, historical trends, and what could determine whether 2025 brings the next big altcoin rally.

Altseason 2025 Key Insights 

In previous market cycles, altcoin rallies have started when Bitcoin dominance begins to decline. However, with the rise of spot crypto ETFs, the usual cash flow patterns in crypto have shifted, making it harder to predict when the next altseason will begin.

From a technical standpoint, the Others/BTC trading pair is currently testing a major support level on the weekly chart. In past cycles, this setup has triggered strong altcoin rallies. However, if altcoins fail to rebound in the coming weeks, the long-awaited altseason may be delayed.

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Too Many Altcoins, Slower Growth

The existence of more than 15,000 altcoins—ranging from utility tokens to meme coins—has spread crypto liquidity thin, slowing down the usual four-year bull cycle. However, the shift in U.S. leadership under President Donald Trump, who has prioritized clearer crypto regulations, has helped fuel optimism for digital asset adoption, especially in the DeFi sector.

The launch of the Official Trump (TRUMP) memecoin has played a role in expanding crypto adoption among both retail and institutional investors. Given these developments, some altcoins—especially those that are heavily oversold but have strong leadership and active communities—could be poised for gains.

Altcoins to Watch in 2025

Here are some top altcoins that could see strong recoveries in the next cycle:

• Shiba Inu (SHIB)
• Notcoin (NOT)
• Litecoin (LTC)
• Toncoin (TON)
• PancakeSwap (CAKE)
• Uniswap (UNI)

If historical patterns hold, these tokens could be among the biggest gainers when altseason finally arrives.

The wait for altseason continues, but when momentum shifts, it tends to do so in a big way.