Trader 'cyclop' believes all indicators are aligning for altseason, with Bitcoin near all-time high, retail interest at all-time low, ETH/BTC ratio breaking downtrend, and altcoin index bouncing off low.
Bitcoin is now viewed as a macro hedge, while altcoins like Ethereum and Solana are seen as technology platforms. Global liquidity and stablecoin supply increase signal potential for altcoin runs.
Altseason indexes show positive signs, with CoinMarketCap's Altseason Index and CryptoRank's Altcoin Index indicating growing interest in altcoins. The ETH/BTC ratio has also improved.
A daily golden cross in altcoin market capitalization has been confirmed, hinting at a potential altseason. Analysts are optimistic about altcoins, with Ethereum outperforming Bitcoin recently.