Altseason Sentiment Breaks Down as Bitcoin Holds Steady: Santiment

There was a pointy decline in altseason social engagement, with quantity and dominance each retracing to April ranges, in keeping with Santiment.

The droop comes regardless of robust July catalysts reminiscent of regulatory progress, real-world asset tokenization momentum, Ethereum’s revival, and report ETF inflows. “But crowd consideration hasn’t rotated into altcoins,” noticed analyst Chyan on Wednesday.

“With out a Bitcoin breakout and renewed danger urge for food, altseason stays on pause,” they said.

The chart reveals spikes in social quantity in late February, late Could, and mid-July, however it has now fallen again considerably.

Altseason Hopes Fade

The analyst opined that market cycles when all altcoins went up are “a factor of the previous” because the hype isn’t even near the primary quarter of 2024 when the Bitcoin ETFs launched.

Nevertheless, Santiment did identify a couple of crypto belongings that have been trending in the intervening time, together with Litecoin, Stellar, and USDC.

Altseason sentiment breaks down as $BTC holds vary — narratives fail to ignite rotation@Santimentfeed reveals a pointy decline in altseason social engagement, with quantity and dominance each retracing to April ranges. This comes regardless of robust July catalysts — regulatory progress,… pic.twitter.com/gISOmJKoKI

— Chyan | chyan.base.eth (@Chyan) August 6, 2025

CoinMarketCap’s altseason index is a low 36 out of 100, which means that it stays a great distance off in the intervening time. It topped 50 in mid-June through the market rally however has fallen again together with the costs of most altcoins.

The Blockchain Heart’s altseason index shows the same low ranking of 35, whereas Bitget’s altcoin season index is a fair decrease 34. All three indexes report that the best-performing altcoins over the previous month are memecoins.

Bitcoin dominance can also be an indicator of the method of altseason, and it stays excessive at 61.6%, according to TradingView. Its market share fell to a six-month low on July 21, however it has been uptrending once more since, because the asset holds round $116,000 whereas a lot of the altcoins proceed to bleed.

However, Ethereum often leads altcoins right into a rally, and it too has been holding up and remaining inside its range-bound channel.

Some analysts are nonetheless earlier bull market cycles and predicting the identical once more this 12 months.

Altcoin market cap is following a transparent sample:

2017: Explosion
2021: Explosion
2025: Subsequent in line?

Historical past doesn’t repeat, however it positive does rhyme.

Altseason brewing?#Altcoins #Crypto #Altseason #DeFi pic.twitter.com/w3ez085f0u

— Crypto Captain (@CryptoCaptainCT) August 7, 2025