Interest in potential Altcoin season After the decline in the Ethereum Prize, it has fallen considerably from its annual high 2025 -High. The ETH was expected to lead this old season, which explains why the interest in it has dropped after the ancient coin crashed.
The interest in the Altcoin season falls alongside the Ethereum Prize
Google trends data Shows that investors no longer look for the Altcoin season as they did it earlier a month, and interest rates fall by 88%. The search volume for the Keyword of the Alt season had reached its peak on August 13, but has since been a tendency to down. In particular, this coincides with that Ethereum Price Crash.
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The Ethereum Prize had reached its current 2025 -year -old Highe around 4,700 US dollars a week, but has been on a downward trend since then and fell to $ 4,100. ETH usually leads other old coins into this old season when they exceed the Bitcoin price. However, the latest withdrawal showed that this period is not yet in sight, since Ethereum and other old coins have been withdrawn from its All -time high (ATH) of $ 124,000 that it reached last week.
A positive thing about the Altcoin season, however, is the fact that Bitcoin’s dominance has remained below the level of 60% and is currently around 58.66%. In the meantime, the dominance of ETH has also remained over 10%and is currently 13.47%. In addition, the Ethereum Prize showed strength with this retreat, which indicates that this legendary old season could possibly still happen.
Blockchain Center data shows that the cryptoma market is currently between the Altcoin season and the Bitcoin season. The Altcoin season index is currently 51, well above the Bitcoin season at 25 and at 75th. It is officially the old season, in which 75% of the top 50 coins from Market Caper exceed over a period of 90 days.
Old season is still on the horizon
In X PostThe market commentator Milk Road said that the charts signal an old coin season early on, whereby ETH/BTC is breaking out, Bitcoins dominance Roll up and the Altcoin index higher. However, Milk Road added that there are still some things that hold back the old season.
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One of them is that the Ethereum Prize has been under the same resistance in its BTC diagram for almost three years, although an outbreak is now imminent and penetrates ETH. Milk Road explained that the BTC market share finally broke its three -year trend. The current facility of the 50 and 200 Exponential moving average values (EMAS) Should look almost identical to the cycles in 2017 and 2021, as old coins exploded after the loss of BTC’s dominance.
At the time of the letter, the Ethereum Prize acts at around 4,280 US dollars in the last 24 hours, so Data From coinmarketcap.
Selected picture of Unsplash, diagram of tradingview.com
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