Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure
The altcoin market has endured prolonged volatility and intense selling pressure for months, leaving many investors questioning when the long-awaited altseason will finally arrive. Since early last year, major altcoins have seen sharp declines, with most trading well below their cycle highs. Despite temporary rallies, the broader sentiment has remained cautious as market participants await a stronger catalyst for sustained upside momentum.
Related Reading: Altcoin Exchange Flows Dip Below $1.6B – History Points To Incoming RallyNow, top analyst M-log1 has shared a technical view that could reshape expectations. He suggests that if Bitcoin is set to follow US stocks and break into new all-time highs in the coming days or weeks, altcoins may offer some of the best entry points seen in this cycle. Historical patterns show that Bitcoin strength often precedes aggressive moves in altcoins, particularly once BTC stabilizes at higher levels.
As Bitcoin consolidates near its highs, eyes are turning toward the altcoin market, where undervalued assets may be primed for explosive moves. With capital rotating and risk appetite slowly returning, many traders are preparing for what could be the next major shift in crypto market dynamics.
Altcoins Position For Reversal After Months Of Bleeding
Since last December, the market has faced a relentless downtrend. Many altcoins have lost over 70% of their value, with investor confidence shaken and capital flight toward Bitcoin dominating sentiment. Ethereum has also struggled to find solid footing, failing to reclaim key levels and dragging the broader altcoin space with it. Despite brief moments of strength, the market has not shown a clear path toward sustained recovery.
However, some analysts see this painful stretch as the final phase before the next bullish expansion. M-log1 shared an optimistic perspective that could shift the narrative. According to his analysis, if Bitcoin continues to mirror the strength seen in the stock market and breaks into new all-time highs in the coming days or weeks, altcoins could soon offer the best entry opportunities of the cycle. He emphasized, “I don’t know if we are going to see the run we waited for real soon, but I am absolutely not betting against it given how everything looks around.”
ETHUSDT Liquidation Heatmap | Source: M-log1 on XM-log1 believes the current phase of liquidity sweeps and volatility is a necessary setup before a major move. Once these sweeps are complete, a powerful rotation into altcoins could begin. For seasoned investors watching historical cycles, such moments of extreme weakness often precede explosive rallies. With macro conditions, technical structure, and sentiment aligning, altcoins may be nearing a key inflection point. Traders are now positioning for a potential shift — one that could redefine this phase of the bull cycle.
Related Reading: Bitcoin Recovers To $108K But MVRV Momentum Signals Caution – Details
Ethereum’s Performance Vs. Bitcoin
The ETH/BTC weekly chart shows Ethereum trading at 0.02256 BTC, continuing a prolonged downtrend that began in early 2023. ETH has underperformed significantly against Bitcoin, highlighting a broader theme of weak altcoin dominance during this cycle. The chart reveals that Ethereum remains well below the 50-week, 100-week, and 200-week moving averages — all of which are sloping downward, reinforcing the long-term bearish structure.
ETHBTC chart showing long-term weakness | Source: ETHBTC Chart on TradingView
While there has been a slight rebound in recent weeks, the price remains trapped in a tight consolidation range after a steep decline. Volume has also decreased, indicating indecision as traders wait for a clearer trend. If ETH fails to reclaim higher ground relative to BTC, it could delay the broader altcoin rotation investors have been anticipating.
Related Reading: Bitcoin Long-Term Holders Accumulation Mirrors Past Rallies – $160K BTC Target in Sight
However, this deep underperformance may offer asymmetric upside if sentiment shifts. Historically, ETH/BTC reversals have preceded strong altcoin rallies. If Ethereum can close above 0.025 BTC and flip the 50-week moving average into support, it would signal a potential reversal and broader strength in the altcoin market.
Featured image from Dall-E, chart from TradingView
Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
Altcoin Setup Strengthens As Bitcoin Holds Structure – Entry Opportunity? | Bitcoinist.com
Related Reading: Altcoin Exchange Flows Dip Below $1.6B – History Points To Incoming RallyNow, top analyst M-log1 has shared a technical view that could reshape expectations. He suggests that if Bitcoin is set to follow US stocks and break into new all-time highs in the coming days or weeks, altcoins may offer some of the best entry points seen in this cycle. Historical patterns show that Bitcoin strength often precedes aggressive moves in altcoins, particularly once BTC stabilizes at higher levels.
As Bitcoin consolidates near its highs, eyes are turning toward the altcoin market, where undervalued assets may be primed for explosive moves. With capital rotating and risk appetite slowly returning, many traders are preparing for what could be the next major shift in crypto market dynamics.
Altcoins Position For Reversal After Months Of Bleeding
Since last December, the market has faced a relentless downtrend. Many altcoins have lost over 70% of their value, with investor confidence shaken and capital flight toward Bitcoin dominating sentiment. Ethereum has also struggled to find solid footing, failing to reclaim key levels and dragging the broader altcoin space with it. Despite brief moments of strength, the market has not shown a clear path toward sustained recovery.
However, some analysts see this painful stretch as the final phase before the next bullish expansion. M-log1 shared an optimistic perspective that could shift the narrative. According to his analysis, if Bitcoin continues to mirror the strength seen in the stock market and breaks into new all-time highs in the coming days or weeks, altcoins could soon offer the best entry opportunities of the cycle. He emphasized, “I don’t know if we are going to see the run we waited for real soon, but I am absolutely not betting against it given how everything looks around.”
Related Reading: Bitcoin Recovers To $108K But MVRV Momentum Signals Caution – Details
Ethereum’s Performance Vs. Bitcoin
The ETH/BTC weekly chart shows Ethereum trading at 0.02256 BTC, continuing a prolonged downtrend that began in early 2023. ETH has underperformed significantly against Bitcoin, highlighting a broader theme of weak altcoin dominance during this cycle. The chart reveals that Ethereum remains well below the 50-week, 100-week, and 200-week moving averages — all of which are sloping downward, reinforcing the long-term bearish structure.
Related Reading: Bitcoin Long-Term Holders Accumulation Mirrors Past Rallies – $160K BTC Target in Sight However, this deep underperformance may offer asymmetric upside if sentiment shifts. Historically, ETH/BTC reversals have preceded strong altcoin rallies. If Ethereum can close above 0.025 BTC and flip the 50-week moving average into support, it would signal a potential reversal and broader strength in the altcoin market.
Featured image from Dall-E, chart from TradingView