August Altcoin Dip Fit Mean Say Altseason Rally Go Happen
August na don dey usually start altseason cycles after some market dips. Altcoins dey often drop sharply for August before dem rally. For 2023 and 2024, altcoins drop like 28%–40%, then jump over 140%. For 2025, market don drop 13% so far, and e fit still drop another 8%–10% before e reach bottom. Ethereum (ETH) supposed to lead the next altseason, as some bullish calls like the $8K forecast dey support am. Altcoin Season Index dey 45, near the 75 level wey show full altseason. Meanwhile, Bitcoin (BTC) dominance don drop from 65% to 62%, meaning capital dey move into altcoins. Traders dey watch these signs for possible altseason rally this autumn.
Bullish
Dis kain news na dey bullish. Old market data show say everytime market cap for altcoin drop for August, e usually come quick rally after. For both 2023 and 2024, altcoins drop between 28% and 40% for August before dem jump pass 140%. The pattern we dey see now na same like past: altcoins don down 13% for 2025, fit still go down another 8–10% before e reach bottom. Important signals dey support make the market bounce back. Ethereum dey lead for altseason with better price targets and network action tight. Altcoin Season Index wey stand for 45, dey close to the 75 wey usually mean say full altseason don set. Meanwhile, Bitcoin dominance don dey low, from 65% come down to 62%, show say money dey move enter altcoins. All these signs together mean say e get big chance say the altseason rally go happen soon, dis kain news good for traders wey wan put money inside altcoins before market go up.