A cryptocurrency analyst has identified the reasons behind the current bullish sentiment about altcoins. In his latest , the analyst stated why most cryptocurrency investors remain optimistic over an upcoming bull run despite the recent crypto market challenges.
A cryptocurrency analyst has identified the reasons behind the current bullish sentiment about altcoins. In his latest , the analyst stated why most cryptocurrency investors remain optimistic over an upcoming bull run despite the recent crypto market challenges.
According to the analyst, the crypto market flash crash on October 10, 2025, although generally assumed to be a setback for the sector, could be a blessing in disguise. In his analysis, the analyst noted that the incident in the cryptocurrency market, clearing the way for fresh momentum in altcoins.
The event led to a 20% drop in Bitcoin’s price, with most altcoins losing over 50% of their value. The analyst considers the flash crash a market purge event and a potential catalyst for the next rally phase. As damaging as it was, the crypto analyst sees a silver lining to consider, following the elimination of weak leveraged positions and clearing out weaker players, while leaving behind a healthier market condition for an altcoin rally.
Despite the prediction of an altcoin rally, the analyst noted that he did not expect the entire crypto market to surge. He believes the altcoin market runs under a different narrative from the previous bull runs, with investors adopting a more focused approach. However, he noted that regulatory compliance will form the tailwind behind the next altcoin season.
In the analyst’s opinion, the predicted altcoin season will be driven by institutional investors, with less speculation. He thinks there are more dimensions to the crypto market today than in previous years, with multiple variables to consider, which indicates a shift in the overall framework.
Meanwhile, the analyst acknowledged that the market has cleared out excess risks to become structurally ready for a sustainable altcoin surge. He also identified a falling Bitcoin dominance as an indicator of an upcoming altcoin season, noting that a drop to 54% would be significant for the next move in the altcoin market. TradingView’s data revealed that Bitcoin dominance was 59.72% at the time of writing.