Analysts believe it's premature to declare the end of the altcoin cycle, citing similarities to previous bull market behavior where altcoins rally towards the final stages.
Historically, as Bitcoin cycles progress, altcoins tend to surge when long-term holders reduce their holdings and new capital enters the market.
The current market display shows Bitcoin experiencing choppy gains, with altcoins lagging behind due to investor hesitation amidst volatility and Bitcoin's dominance.
Despite the cautious market sentiment, there is anticipation that as the cycle advances, altcoins may see a resurgence with increased retail interest and reduced Bitcoin dominance.