Altcoin Season Delayed, Bitcoin Still Dominates in 2025

Bitcoin Dominance. Source: CoinMarketCap

Van de Poppe also pointed out a split in the investor community. One group expects the bear market to continue, while another anticipates a new bull cycle. He believes both groups could be wrong. Instead, he suggests the real opportunity lies in ignoring “timing” and focusing on the fundamental value of altcoins.

“Essentially, the difficulty of this cycle has significantly increased and its almost foolish to be building your entire thesis on things that happened.” Michaël van de Poppe stated.

Macroeconomic factors play a key role in shaping the altcoin season. Van de Poppe noted that falling interest rates and a weaker U.S. dollar could drive altcoins to outperform Bitcoin, especially as risk appetite returns. Additionally, advancements in the DeFi ecosystem and growing adoption of altcoins like Ethereum are positive signs.

“When altseason is for me the period when I can scoop up altcoins that are extremely undervalued, but have strong teams that are resilient and continue to build. There are plenty out there and these are extremely, extremely undervalued.” Michaël van de Poppe stated.

Investors should stay cautious and focus on projects with strong teams and solid fundamentals, rather than chasing short-term trends. Given the current market, a long-term investment strategy and thorough analysis will be key to capitalizing on the upcoming season.