SEI has surged 15% following its selection as a candidate network in Wyoming's stablecoin pilot,…

Altseason Signals are Flashing on the Charts-Will History Repeat?
Altcoins are gaining strength and could dominate the market as Bitcoin struggles to rally above the $100k key psychological level.
Altcoin market appears to be on the verge of a historical setup that could trigger the next altcoin season in 2025. A look into the altcoin market capitalization chart shows that altcoins could be eyeing a breakout similar to their 2021 setup before a rally. The current technical setup has been observed in 2019,2020, and 2021. After 4 years, the setup appeared again in 2025, leaving investors wondering if history shall repeat.

The bi-weekly chart shows the Total2/Total Market Cap (excluding Bitcoin) approaching a critical resistance zone that has been followed by rallies after short-term price corrections. The market has been gradually absorbing capital, and hitting this historical resistance zone could lead to the start of strong altcoin rallies
What does this mean?
According to historical patterns, the current setup could trigger a 2025 altseason as investors diversify their portfolios in several defi projects. Additionally, BTC has flashed signs of weakness above the psychological $100k mark, where institutional profit-taking appears to have slowed the bullish momentum.
If the current setup leads to a breakout with volume, the market could see 2x-10x gains as altcoin bulls rally. However, a rejection near this zone could lead to a consolidation phase as altcoins await the next attempt. Watching the current setup cautiously could give deeper insights into the next moves in the altcoin market.
Disclaimer:Â This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.