According to Miles Deutscher, ETH dominance has rebounded precisely from its monthly support level, a technical pattern that historically precedes periods of strong altcoin performance (source: Twitter/@milesdeutscher, May 10, 2025). Traders should monitor this bounce closely, as previous rebounds from this support have often triggered significant capital rotation from Bitcoin into Ethereum and the broader altcoin market. This development, validated by on-chain and dominance data, provides a concrete signal for potential altcoin season acceleration, making it an actionable indicator for crypto investors seeking opportunities beyond BTC.

According to Crypto Rover on Twitter, market sentiment is building rapidly for an upcoming altcoin season, signaling traders to prepare for potential sharp increases in altcoin prices and trading volumes (Source: Crypto Rover, Twitter, May 7, 2025). This anticipated shift may drive significant capital rotation from large-cap cryptocurrencies like Bitcoin and Ethereum into mid- and small-cap altcoins, historically resulting in heightened volatility and substantial profit opportunities for active traders. Monitoring leading altcoin indices and on-chain data will be crucial for capturing early momentum trades as the trend develops.