Is Altseason Over as Bitcoin and Ethereum Soar? What is the Current Altcoin Season Status?

Bitcoin and Ethereum have started to regain their market momentum and continue to gain investor attention, whereas the altcoin market is struggling to keep up the pace. There are serious debates about whether the altseason (altcoin season) is over as BTC and ETH continue to dominate in the market after a certain period. But the experts and market analysts have different opinions; according to them,  altseason is not over, and it hasn’t reached its peak in the current early October 2025 cycle. They also think that the reason for the altcoin weakness during this favorable condition could be due to the enhanced demand for high-liquidity assets like Bitcoin (BTC) and Ethereum(ETH). Jeffrey Ding, the chief analyst at HashKey Group, also backed their opinion and commented that capital naturally preferred assets with high liquidity, clear narratives, and strong certainty. 

At the moment, Bitcoin(BTC) is stable and trading above $116,00, and Ethereum, the second largest cryptocurrency by market cap, trades near $4,301. Both digital assets are performing well and showing strong support in the crypto market. They are continuously capturing investor interest, and at the same time, altcoins are struggling to reach the level of BTC and ETH; the experts say that this divergence could be the result of market maturing and multiple indicators suggesting that an altcoin season is underway, and it is on the verge of fully maturing in the upcoming weeks.   

Bitcoin and Ethereum Breaking All-Time High Amid the Altseason

BTC and ETH have been displaying an unprecedented bullish run and breaking their all-time highs during the altseason. The bullish run, driven by strong institutional interest and growing demand, shows how intensely people consider crypto as an alternative asset. Bitcoin, the most valuable cryptocurrency in the world, hit its new all-time high of $125,689 on October 5, 2025, breaking its previous record of $124,514 from August 2025. BTC is currently valued at around $122,000 – $124,000, and the latest market data suggest that the coin has reportedly experienced 10% gains in the past week. 

Ethereum, on the other hand, trades around $4,450 and is closer to its all-time high of $4,956, which was recorded one month ago. ETH has gained dominance over BTC and accumulated 12% gains over the past week and around 6% over the last month. The price gain and enhanced demand of ETH during this altcoin season show the growing institutional adoption and the overall bullish crypto market trend.   

Altcoins are also preparing for significant price rallies similar to BTC and ETH. According to the latest market analysis, the crypto market cap has crossed $4 trillion, and the price rally of both BTC and ETH crafted a strong foundation for altcoins to follow the bullish momentum during the ongoing altcoin season.        

What is the Current Altcoin Season Status?

The latest market analysis concludes that the current altseason status is considered to be actively underway, and it is on the verge of maturing in the second week of October. The experts believe that there won’t be an “everything will go up” scenario during this altseason, but major altcoins will show significant momentum in the market.  

They claim that the altcoin season index is rising, and it displays over 75, which is typically enough to confirm the altcoin season. Multiple analysts from the crypto sphere have confirmed that the index had been climbing throughout 2025, reaching 78 at the end of September 2025. They stated that as of early October, readings were in the 50s, indicating a mix of performance but still trending toward an altseason.  

Bitcoin’s market share has started to decrease by a small percentage, indicating that capital is moving from Bitcoin and starting to explore altcoins. The BTC dominance peaked around 65% in the first half of 2025, and the dominance has dropped below 60%, which is also signaling a shift from BTC to altcoins. 

Jeffrey Ding commented that the current dragging of altcoins is just “ a sign that the industry is maturing,” and he also opined that market participants had learned over the years how to evaluate projects based on their merits and differentiate winners from losers. He stated that the current stagnation did not mean altcoins would be absent that cycle; rather, they might awaken when Bitcoin and Ethereum entered a consolidation phase.  

Disclaimer: Cryptocurrency trading and investing involve significant risk and volatility. Their Prices are subject to highly price corrections due to multiple conditions, including regulatory developments, and other uncontrollable factors. The information provided in this article is for educational and informational purposes only.