Next altcoin season? All depends on ETH/BTC’s performance and… – BitRss

• Ethereum’s ongoing weakness against Bitcoin continues to delay altcoin season, raising market uncertainty
• Bitcoin’s dominance has been climbing too, limiting altcoin rallies

The much-anticipated altcoin season may remain on hold unless Ethereum’s [ETH ($2,690.17)] price relative to Bitcoin [BTC ($97,550.52)] stages a strong reversal. In fact, market experts argue that Bitcoin’s dominance plays a critical role in determining the strength of altcoin rallies. And, with BTC’s dominance rising, the outlook for altcoins remains uncertain.

While historical patterns suggest altseasons often follows high phases of dominance, ETH/BTC’s sustained downtrend leaves traders questioning when – if at all – the tide will turn this cycle.

Altcoin season hinges on ETH/BTC reversal

Ethereum’s underperformance against Bitcoin continues to challenge expectations of a broad altcoin rally. According to market analyst Benjamin Co…