Will Ethereum (ETH) Price Rally Trigger Altcoin Season? Here’s What To Look Out For
The post Will Ethereum (ETH) Price Rally Trigger Altcoin Season? Here’s What To Look Out For appeared on BitcoinEthereumNews.com.
Ethereum (ETH0 price action achieved an epic bullish conclusion this week, as the market extended its recovery. The cryptocurrency surged past the $4,000 milestone and broke through the $4,100 resistance. ETH price exchanged hands at $4,218 at press time, after a 21% bounce back from its weekly low. Analysts were eager to see whether price could soar past the $4,500 price point, mostly because of its significance as an altcoin season indicator. The $4,500 Ethereum (ETH) price point confirmed a breakout from previous support and resistance structures. Moreover, another key altcoin season indicator was recently achieved. Bitcoin dominance has historically been a healthy indicator for liquidity shifts. Dominance above 60% favors BTC liquidity, while BTC dominance below 60% favors altcoins. Bitcoin dominance/ source: TradingView BTC dominance just slid below 60% for the first time in 6 months. Meanwhile, ETH dominance pushed above 13% after adopting a parabolic curve. Ethereum (ETH) Outperforms Bitcoin in Key Areas The surge in ETH dominance played out in noteworthy ways that also seemed to align with altcoin season characteristics. For example, ETH ETF flows have been outpacing BTC ETF flows. ETH ETF registered a net positive flow of $174.3 million since the start of August. Meanwhile, Bitcoin experienced a net negative flow of $559.1 million. This outcome meant that institutional demand shifted in favor of Ethereum (ETH). This was yet another sign typically associated with altcoin season. The institutional cohort has been favoring ETH, and this suggests that it could lead the altcoin charge, potentially into new historic highs. ETH was only about 15% away from retesting its previous ATH at the time of observation. Short Squeeze Alert as Ethereum (ETH) Short Liquidations Balloon According to Coinglass, ETH short liquidations amounted to over $202 million. The last time ETH shorts had such a rough day…
Filed under: News - @ August 10, 2025 10:27 am