Ethereum leads the pump, is the alt season coming back? What do analysts think?

Ethereum's strong rise in recent days has triggered expectations and heated debates for the "altcoin season". Analyst views are divided, with optimists expecting high returns and cautious focusing on retail engagement and Bitcoin's dominant changes. (Synopsis: ETH keeps rising!) Ethereum's "breakthrough of $2450" rebounded 75% in a month, and the Air Force exploded its position) (Background supplement: Arthur Hayes predicts: Bitcoin 150,000 magnesium at the end of the month! Rush $1 million in 2028, the U.S. Treasury dominates global liquidity) Ethereum (ETH) has recently shown strong upward momentum beyond Bitcoin, and this morning (11) ETH briefly exceeded $2,600 after Trump announced significant progress in trade talks with China, reigniting short-term optimism in the market. At the same time, the cottage season index compiled by CMC has recently bottomed out and rebounded at 40, hitting a high in nearly 90 days. It has sparked a heated debate about whether the Altcoin Season is coming. Analyst views diverge Some market observers have a positive view of the altcoin future. Analyst Mister Crypto predicts that the market may usher in a "life-changing" market in the next three to six months, with 40% daily returns for altcoins or the norm. Altseason is coming. 40% daily gains will become the new normal. Get ready. The next 3-6 months will be life changing! pic.twitter.com/yfBjfipGYZ — Mister Crypto (@misterrcrypto) May 11, 2025 Technical trader Moustache also pointed out that altcoins often show explosive growth after repeated accumulation, believing that the current market structure is similar to that of 2016 and 2020, declaring that " The altcoin season 2025 has officially begun". Cautious view: market heat and challenges are both hot and challenging However, not all analysts are optimistic, with analyst 2Lambroz acknowledging that altcoin season may be coming, but noting that the market "people want to chase the rally, but lack the belief in a strong narrative." He observed that, unlike in 2021, there have not been a large number of retail investors entering the market, and traders have a faster rotation of funds and lack of long-term holding momentum. Commentator Rekt Fencer questioned the optimism, noting that most altcoins have fallen 90% since last December, and the recent rally of about 10% is prone to overinterpretation, sarcastically: "Is this the altcoin season we are waiting for?" He believes that Bitcoin dominance is still above key thresholds such as 54%, and institutional preferences for Bitcoin may continue to influence the flow of funds. This round of the market may be more divergent, and the performance of altcoins in different sectors will be significantly different. Key Indicators and Macro Variables In addition to technical analysis, the future direction of the altcoin market is also affected by multiple key factors. First of all, the price of Bitcoin and its market dominance are crucial. Bitcoin's rising prices have boosted sentiment, but changes in its dominance remain key to judging altcoin season. Secondly, overall market sentiment and risk appetite are also important factors. Optimistic global macroeconomic and geopolitical developments, such as progress in U.S.-China trade talks and easing tensions between India and Pakistan, could drive inflows into risky assets, including cryptocurrencies and memes. Hank Huang, CEO of Kronos Research, said that the cryptocurrency market is rebounding on a wave of global optimism, with the strong rebound of Ether driving the altcoin market, but whether funds can effectively rotate from bitcoin to altcoins and the degree of retail participation are still the focus of observation. Related reports Michael Saylor shouted again that Microsoft is fast to buy bitcoin: the return on U.S. bonds and repurchased shares is too low, and it is hurting shareholders for a long time Bitcoin is approaching the $100,000 mark! The Air Force explosion tide is just around the corner? Bitcoin's strategic reserve is difficult to produce? The Democratic Party is "encircling and suppressing" Trump's new crypto deal (Ethereum leads the rise, the "cottage season" is coming back? What do analysts think〉This article was first published in BlockTempo's "Dynamic Trend - The Most Influential Blockchain News Media".