In an analysis shared on X, crypto analyst Astronomer (@astronomer_zero) delves into the question that’s been looming over the crypto community in recents months: “Will we never have a proper altcoin season again?” As Bitcoin’s dominance (BTC.D) continues to surge and altcoins struggle to keep pace, Astronomer provides a data-driven perspective challenging the prevailing narratives that suggest the era of altcoin seasons may be over.
Astronomer begins by acknowledging the difficulties faced by altcoin holders in the current market environment. “Alts are still at low prices and BTC.D is raging up, and yes, ETH (and altcoin) holders are having a tough time,” he notes.
He observes a growing sentiment of disbelief among investors that Bitcoin dominance could decline again, casting doubt on the potential for another altcoin season. “You hear things like ‘BTC ETF changed everything,’ ‘Boomers will not buy altcoins which is why they won’t go up,’ ‘BTC is
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