3 Charts Shout ‘Altcoin Season’ as Bitcoin Dominance Plunges to New Lows in 2025
Imagine watching the crypto market like a thrilling sports game where Bitcoin has been the star player for months, but suddenly, the underdogs—the altcoins—are stealing the spotlight. That’s the vibe right now, with charts pointing to a potential shift that has traders buzzing. Bitcoin dominance charts trending lower could be the green light for the long-awaited “altcoin season,” according to market watchers.
Altcoins Poised for a Massive Surge Toward $3 Trillion Market Cap
Diving deeper, let’s talk about why altcoins are generating so much excitement. Picture this: the TOTAL3 index, which tracks the total market value of all cryptocurrencies except Bitcoin and Ethereum, is showing a classic cup-and-handle pattern on its weekly chart. This bullish setup, often compared to a teacup ready to overflow, suggests a breakout that could drive altcoins to new heights. As of September 1, 2025, TOTAL3 sits at around $1.6 trillion, and analysts project a climb to $3 trillion if it clears key resistance levels—a potential 87% jump that feels like altcoins finally catching their second wind after a sluggish period.
Crypto trader Jelle spotlighted this breakout in a recent X post, exclaiming, “Altcoins have shattered their multi-year cup and handle!” He shared a weekly chart illustrating the pattern, emphasizing how a push past the $1.8 trillion neckline could ignite a rally echoing past booms. It’s like watching a rocket prepping for launch, fueled by renewed investor interest.
Echoing this, veteran analyst Peter Brandt identified a similar formation on TOTAL2, encompassing all altcoins excluding Bitcoin. With the current market cap at $2.2 trillion as of today, his measured target points to $3.8 trillion, representing a staggering 73% increase. Brandt tweeted enthusiastically: “It’s altcoin season,” complete with a chart that has the community nodding in agreement. This comes amid altcoins delivering their best showing against Bitcoin since late November 2024, snapping out of a prolonged downtrend as noted by analyst Stockmoney Lizards in their daily TOTAL3/BTC chart analysis.
What’s supercharging this momentum? Ethereum’s impressive 18% gain over the past week, trading at $4,500 as of September 1, 2025, signals a capital shift from Bitcoin to altcoins playing catch-up. Think of it as money rotating from the safe bet to the high-reward plays. Michael van de Poppe from MN Capital remarked, “ETH hitting $4,500 shows how quickly tides can turn,” highlighting this rotation in a recent update.
Could Bitcoin’s Reign Be Fading?
Bitcoin dominance, essentially Bitcoin’s slice of the total crypto pie, serves as a key gauge for market sentiment and risk appetite. It’s been sliding since June 27, dipping to a fresh low of 48% on September 1, 2025—its weakest point in months. This drop below critical levels like the 50-day simple moving average at 52% and the 100-day at 51% has analysts like Mikybull Crypto declaring, “Bitcoin dominance is crumbling,” backed by charts showing the breakdown.
Daan Crypto Trades added nuance, noting the dominance is “easing off but needs more confirmation for a full reversal,” suggesting we’re in the early innings of what could be a game-changer. For context, the Blockchain Center’s altcoin season index has surged over 250% since June 22, yet only 42% of the top 50 altcoins have outpaced Bitcoin in the last 90 days. We’re inching closer to that 75% threshold that officially crowns an altcoin season, much like waiting for the final puzzle piece to click into place.
This narrative aligns perfectly with broader market trends. On Twitter, discussions are heating up around #AltcoinSeason, with recent posts from influencers like @CryptoRover sharing updates on altcoin breakouts, including a viral thread on September 1, 2025, about Solana’s 25% weekly surge. Google’s top searches echo this buzz, with queries like “Is altcoin season starting in 2025?” and “Best altcoins to buy now” spiking, alongside questions about Ethereum’s ETF approvals boosting sentiment. The latest official announcement from Ethereum’s foundation on August 30, 2025, about upcoming network upgrades has further fueled optimism, drawing parallels to how past updates propelled altcoin rallies.
In this dynamic landscape, platforms like WEEX exchange stand out for their seamless support of altcoin trading. With user-friendly tools and robust security features, WEEX empowers traders to capitalize on these shifts, offering low fees and real-time analytics that make navigating altcoin seasons feel effortless and rewarding. It’s like having a trusted co-pilot in the volatile crypto skies, enhancing your strategy without the hassle.
Many altcoins are flashing bullish signals that scream “altcoin season” as Bitcoin’s grip loosens. Altcoins’ cup-and-handle formation forecasts a leap to $3 trillion in market cap, signaling the dawn of altcoin dominance. Bitcoin’s share dipping below vital moving averages hints at altcoins taking the lead soon.
Remember, the related piece on Ripple beyond its fanbase underscores why some altcoins make smart trades, grounded in real utility. Altcoins notched their strongest Bitcoin-beating streak since late November 2024, escaping a months-long slump per Stockmoney Lizards’ insights.
This isn’t investment advice—crypto moves carry risks, so always do your homework.
Frequently Asked Questions
What exactly is altcoin season and how do I know it’s happening?
Altcoin season refers to a period when alternative cryptocurrencies outperform Bitcoin, often marked by rising market caps and dominance drops. You can spot it through indicators like Bitcoin dominance falling below 50% and more than 75% of top altcoins beating BTC over 90 days, as tracked by tools like the Blockchain Center index.
Which charts should I watch to predict altcoin rallies?
Key ones include the TOTAL3/USD weekly chart for cup-and-handle patterns, Bitcoin dominance trends against moving averages, and TOTAL3/BTC for relative strength. These visuals, shared by analysts on platforms like X, help gauge momentum with data-backed projections like potential 80% market cap gains.
Is now a good time to invest in altcoins amid Bitcoin’s dominance drop?
It depends on your risk tolerance—current lows in Bitcoin dominance at 48% suggest opportunity, but markets are volatile. Evidence from recent Ethereum gains and analyst targets points to upside, yet always research thoroughly and consider diversification to avoid pitfalls.
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Sun Valley Releases 2025 Financial Report: Bitcoin Mining Revenue Reaches $670 Million, Accelerating Transformation to AI Infrastructure Platform
On March 16, 2026, in Dallas, Texas, USA, CanGu Company (New York Stock Exchange code: CANG, hereinafter referred to as "CanGu" or the "Company") today announced its unaudited financial performance for the fourth quarter and full year ended December 31, 2025. As a btc-42">bitcoin mining enterprise relying on a globally operated layout and dedicated to building an integrated energy and AI computing power platform, CanGu is actively advancing its business transformation and infrastructure development.
• Financial Performance:
Total revenue for the full year 2025 was $688.1 million, with $179.5 million in the fourth quarter.
Bitcoin mining business revenue for the full year was $675.5 million, with $172.4 million in the fourth quarter.
Full-year adjusted EBITDA was $24.5 million, while the fourth quarter was -$156.3 million.
• Mining Operations and Costs:
A total of 6,594.6 bitcoins were mined throughout the year, averaging 18.07 bitcoins per day; of which 1,718.3 bitcoins were mined in the fourth quarter, averaging 18.68 bitcoins per day.
The average mining cost for the full year (excluding miner depreciation) was $79,707 per bitcoin, and for the fourth quarter, it was $84,552;
The all-in sustaining costs were $97,272 and $106,251 per bitcoin, respectively.
As of the end of December 2025, the company has cumulatively produced 7,528.4 bitcoins since entering the bitcoin mining business.
• Strategic Progress:
The company has completed the termination of the American Depositary Receipt (ADR) program and transitioned to a direct listing on the NYSE to enhance information transparency and align with its strategic direction, with a long-term goal of expanding its investor base.
CEO Paul Yu stated: "2025 marked the company's first full year as a bitcoin mining enterprise, characterized by rapid execution and structural reshaping. We completed a comprehensive adjustment of our asset system and established a globally distributed mining network. Additionally, the company introduced a new management team, further strengthening our capabilities and competitive advantage in the digital asset and energy infrastructure space. The completion of the NYSE direct listing and USD pricing also signifies our transformation into a global AI infrastructure company."
"As we enter 2026, the company will continue to optimize its balance sheet structure and enhance operational efficiency and cost resilience through adjustments to the miner portfolio. At the same time, we are advancing our strategic transformation into an AI infrastructure provider. Leveraging EcoHash, we will utilize our capabilities in scalable computing power and energy networks to provide cost-effective AI inference solutions. The relevant site transformations and product development are progressing simultaneously, and the company is well-positioned to sustain its execution in the new phase."
The company's Chief Financial Officer, Michael Zhang, stated: "By 2025, the company is expected to achieve significant revenue growth through its scaled mining operations. Despite recording a net loss of $452.8 million from ongoing operations, mainly due to one-time transformation costs and market-driven fair value adjustments, the company, from a financial perspective, will reduce its leverage, optimize its Bitcoin reserve strategy and liquidity management, introduce new capital to strengthen its financial position, and seize investment opportunities in high-potential areas such as AI infrastructure while navigating market volatility."
The total revenue for the fourth quarter was $1.795 billion. Of this, the Bitcoin mining business contributed $1.724 billion in revenue, generating 1,718.3 Bitcoins during the quarter. Revenue from the international automobile trading business was $4.8 million.
The total operating costs and expenses for the fourth quarter amounted to $4.56 billion, primarily attributed to expenses related to the Bitcoin mining business, as well as impairment of mining machines and fair value losses on Bitcoin collateral receivables.
This includes:
· Cost of Revenue (excluding depreciation): $1.553 billion
· Cost of Revenue (depreciation): $38.1 million
· Operating Expenses: $9.9 million (including related-party expenses of $1.1 million)
· Mining Machine Impairment Loss: $81.4 million
· Fair Value Loss on Bitcoin Collateral Receivables: $171.4 million
The operating loss for the fourth quarter was $276.6 million, a significant increase from a loss of $0.7 million in the same period of 2024, primarily due to the downward trend in Bitcoin prices.
The net loss from ongoing operations was $285 million, compared to a net profit of $2.4 million in the same period last year.
The adjusted EBITDA was -$156.3 million, compared to $2.4 million in the same period last year.
The total revenue for the full year was $6.881 billion. Of this, the revenue from the Bitcoin mining business was $6.755 billion, with a total output of 6,594.6 Bitcoins for the year. Revenue from the international automobile trading business was $9.8 million.
The total annual operating costs and expenses amount to $1.1 billion.
Specifically, they include:
· Revenue Cost (excluding depreciation): $543.3 million
· Revenue Cost (depreciation): $116.6 million
· Operating Expenses: $28.9 million (including related-party expenses of $1.1 million)
· Miner Impairment Loss: $338.3 million
· Bitcoin Collateral Receivable Fair Value Change Loss: $96.5 million
The full-year operating loss is $437.1 million. The continuing operations net loss is $452.8 million, while in 2024, there was a net profit of $4.8 million.
The 2025 non-GAAP adjusted net profit is $24.5 million (compared to $5.7 million in 2024). This measure does not include share-based compensation expenses; refer to "Use of Non-GAAP Financial Measures" for details.
As of December 31, 2025, the company's key assets and liabilities are as follows:
· Cash and Cash Equivalents: $41.2 million
· Bitcoin Collateral Receivable (Non-current, related party): $663.0 million
· Miner Net Value: $248.7 million
· Long-Term Debt (related party): $557.6 million
In February 2026, the company sold 4,451 bitcoins and repaid a portion of related-party long-term debt to reduce financial leverage and optimize the asset-liability structure.
As per the stock repurchase plan disclosed on March 13, 2025, as of December 31, 2025, the company had repurchased a total of 890,155 shares of Class A common stock for approximately $1.2 million.

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