TechFlow, May 11 — According to CoinMarketCap data, the Altcoin Season Index rebounded to 39 this morning and is currently at 37.
Analyst 2Lambroz believes the altcoin season may have arrived, but he noted that market dynamics have changed. "People want to buy, but there's a lack of confidence in any strong narrative," he said. He pointed out that unlike in 2021, there are currently no signs of retail investors entering the market. Traders are rotating positions more quickly, with little incentive to hold long-term positions.
Technical trader Moustache holds a more optimistic view. He shared a chart showing altcoins repeatedly going through accumulation phases followed by explosive growth. According to his analysis, the current structure resembles that of 2016 and 2020. "The 2025 altcoin season has officially begun."
