According to @AltcoinGordon, Bitcoin dominance has begun a rapid decline following a brief recovery, indicating that the market may soon enter a significant altcoin rally, often referred to as Alt Season 3.0. This shift in dominance suggests that traders should closely monitor major altcoin markets for increased volatility and potential breakout opportunities as funds rotate away from Bitcoin into alternative cryptocurrencies (Source: @AltcoinGordon, Twitter, May 16, 2025).

According to Gordon (@AltcoinGordon) on Twitter, the crypto community is gearing up for Alt Season 3.0, signaling renewed interest in altcoin trading and portfolio diversification. Historical data from previous alt seasons shows that surges in altcoin prices often follow Bitcoin rallies, creating significant short-term trading opportunities across Ethereum, Solana, and emerging tokens (source: CoinGecko Market Reports, 2023). Traders should monitor volume spikes, social sentiment, and Bitcoin dominance indexes to identify actionable entry and exit points. This potential cycle could impact DeFi, memecoins, and AI-related tokens, with increased volatility expected across major exchanges (source: CryptoQuant Analytics, 2024).