- Altcoin market rebounds from multi-year support, reviving hopes of a new rally after October’s volatile correction phase.
- Analysts note altcoin strength remains within a long-term uptrend, showing resilience similar to 2017 and 2021 recovery patterns.
- Despite renewed optimism, market experts say true altseason depends on surpassing trillion-dollar resistance in upcoming cycles.
The long-awaited altseason narrative has returned to the spotlight after a crucial technical rebound in the broader altcoin market. Analysts are split on whether this marks the start of a new altcoin rally or just another temporary bounce. Recent data shows the altcoin market cap excluding the top ten cryptocurrencies has reclaimed its multi-year trend support, signaling resilience despite October’s volatility.
According to analyst Ash Crypto, the structure remains intact and could trigger renewed strength. “Altseason is not cancelled, it’s brewing,” he said. He explained that after the October 10 market crash, the altcoin market closed the monthly candle above its long-term support, a level that has guided past bull cycles. This recovery mirrors earlier setups from 2017 and 2021, when similar rebounds sparked massive rallies across altcoins.
Altcoin Market Shows Historical Resilience
The chart shared by Ash Crypto tracks the ratio of the total crypto market cap excluding the top ten assets to Bitcoin. Data from 2015 through 2026 shows an ascending channel defining altcoin strength relative to Bitcoin. Each cycle saw the ratio bounce from a “multi-year key level” before surging toward the upper channel. Hence, the recent rebound near 0.116 BTC suggests the market remains aligned with its long-term uptrend.
Moreover, this structure confirms cyclical stability in altcoin dominance. The ratio’s consistency over the past decade indicates that every correction eventually gives way to expansion phases. Consequently, traders now view the recovery as a potential prelude to another altseason phase, provided momentum holds above support.
Analysts Remain Divided on Timing
However, not all analysts share this optimism. Ted believes the market still lacks the strength for a true altseason. “Altseason is nowhere close to happening now,” he argued. He advised patience until Altcoin Market Cap excluding stables hits a new all-time high. His charts reveal that altcoin capitalization peaked near $1.13 trillion in early 2025 before repeated rejections around that level.
Additionally, both his upper and lower charts show synchronized patterns of accumulation and rejection below trillion-dollar resistance zones. Hence, until capital rotation returns strongly, Ted maintains that altcoins remain in consolidation rather than breakout mode.
