October’s rally and the upcoming ETF deadlines for several altcoins have added optimism, creating a sense that the market may be on the verge of another powerful impulse. However, not everyone shares the enthusiasm: experts warn that a convincing breakout above key resistance levels is needed to confirm a full-fledged “altcoin season.”
Analysts’ views: potential and risks of altseason
According to trader Daan Crypto Trades, only a strong weekly close above the 2021 peak would signal a true breakout.
The Total Altcoin Market Cap is giving the 2021 highs another go.
— Daan Crypto Trades (@DaanCrypto) October 2, 2025
I do still believe that we need to see a clear break and close above to really get the altcoin market properly going again.
Big runners will still be concentrated and there will be outperformers and… pic.twitter.com/RNQiSZ22yD
Meanwhile, analyst CryptoJack is confident that altseason has already begun, pointing to a classic “cup and handle” breakout pattern that pushed the market above $1.13 trillion. If the move holds, capitalization could surpass $2 trillion, kicking off a new extended cycle.
ALTSEASON STARTS NOW! 🚀 pic.twitter.com/9IzWt8IGo0
— CryptoJack (@cryptojack) October 2, 2025
Analyst Wimar.X noted that the Altcoin Season Index has risen to 73, very close to the “official” altseason threshold of 75. In his view, once the index enters the 85–100 zone, altcoins typically deliver explosive rallies, often outperforming Bitcoin significantly.
ALTCOIN SEASON INDEX JUST HIT 73!
— Wimar.X (@DefiWimar) October 2, 2025
WE’RE SO F*CKING CLOSE TO THE REAL #ALTSEASON
ALTCOINS WILL EXPLODE IN THE 85–100 AREA!! pic.twitter.com/j4vLQpXlyS
Technical indicators confirm buyer dominance
The charts paint a confident picture: the positive DMI (+DI 28.94) is far above the negative (–DI 10.90), signaling strong buyer control. The ADX at 32.57 further supports the strength of the trend. The MACD line (188.8B) sits comfortably above the signal line (145.03B), while the histogram keeps printing expanding green bars, showing increasing momentum.
The market is also trading within an ascending triangle — a classic formation with high breakout potential. If this pattern plays out, altcoins could gain fresh momentum and move to new highs.
Bottom line: the altcoin market has once again approached levels unseen since 2021. Technical signals lean bullish, but a decisive breakout is needed for confirmation. In the coming weeks, the interplay of ETF catalysts and technical strength will determine whether this marks the start of a new cycle or just another rejection at resistance.