According to @glassnode, Ethereum (ETH) perpetual futures volume dominance has overtaken Bitcoin (BTC) for the first time since the 2022 cycle low, setting a record volume skew in ETH's favor. This data-driven shift highlights a significant rotation of speculative trading activity into the altcoin sector, suggesting traders are reallocating capital from BTC to ETH and other altcoins. This volume transition may impact price volatility and liquidity across the crypto derivatives market, making ETH and altcoin pairs increasingly relevant for active traders (source: @glassnode).

According to AltcoinGordon, the current altcoin market cap is signaling potential shifts that traders should monitor closely. The analysis posted on May 4, 2025, highlights that the total market capitalization of altcoins is positioned near significant support and resistance zones, which can serve as critical pivot points for trading strategies (Source: AltcoinGordon on Twitter). Traders are advised to watch for volume spikes and confirmation of trend direction before entering positions, as these technical indicators often precede major price moves in the altcoin sector.

According to Crypto Rover (@rovercrc), the longer the altseason is delayed, the more significant its impact becomes. This suggests a potential for a larger market movement in the altcoin sector once the altseason commences, indicating a strategic accumulation period for traders.