According to @AltcoinGordon, Bitcoin (BTC) is poised to test a new all-time high, driven by powerful macroeconomic tailwinds, including record U.S. equity indexes and a surging M2 money supply, which now stands at $21.9 trillion. This analysis is supported by Ray Dalio's commentary on rising U.S. government debt, which enhances BTC's appeal as a hedge. Gregory Mall of Lionsoul Global adds that while BTC dominance has climbed above 54%, historical cycles suggest an altcoin rally typically follows BTC's peak by two to six months. Signs of this rotation may already be emerging, with Ethereum (ETH) rallying 81% since its April lows and DeFi total value locked (TVL) surpassing $117 billion, according to DeFiLlama. Further fueling the market, Kevin Tam highlights significant institutional adoption, noting that spot ETF demand outpaced new BTC supply by three times last year and that Canadian pension funds like Trans-Canada Capital are investing millions. While the outlook appears bullish for a capital rotation into altcoins like ETH and Solana (SOL), Mall cautions that the fragile global economy, as noted by the OECD, remains a key risk for risk-on assets.

According to Gregory Mall, Chief Investment Officer at Lionsoul Global, Bitcoin's (BTC) recent rally to a new all-time high, driven by institutional spot ETF inflows exceeding $16 billion year-to-date and optimism about Federal Reserve rate cuts, has pushed BTC dominance above 54%. This divergence, with altcoins like Ethereum (ETH) and Solana (SOL) still significantly below their peaks, mirrors historical cycles from 2017 and 2021 where altcoin rallies lagged BTC's new highs by two to six months, suggesting a potential rotation into altcoins may be imminent. Supporting this outlook, Kevin Tam notes that institutional demand is robust, with Canadian pension fund Trans-Canada Capital investing $55 million in spot BTC ETFs and last year's total ETF demand for Bitcoin being three times greater than the newly minted supply. As institutional interest broadens and DeFi's total value locked (TVL) recovers past $117 billion, traders are watching for a capital shift from large-cap BTC to the wider altcoin market, including innovative Layer 1 ecosystems.

According to @CryptoMichNL, despite Bitcoin (BTC) reaching new all-time highs, its volatility is trending lower, which presents a unique trading environment. Analysis from NYDIG Research suggests this decline in volatility makes both call and put options 'relatively inexpensive,' offering a cost-effective way for traders to position for directional moves ahead of potential market-moving catalysts. Concurrently, Gregory Mall of Lionsoul Global highlights that Bitcoin dominance has surpassed 54%, a level that historically precedes altcoin outperformance. Signs of a potential 'altseason' are emerging, including Ethereum's (ETH) recent rally, a resurgence in DeFi with Total Value Locked (TVL) exceeding $117 billion, and broadening institutional interest beyond just BTC. Supporting this trend, Kevin Tam notes significant institutional accumulation, with ETF demand for BTC in the last year being three times higher than the newly minted supply, alongside growing adoption from Canadian pension funds and a favorable regulatory shift in the UK.

According to @CryptoMichNL, Bitcoin's (BTC) surge to new all-time highs has pushed its market dominance above 54%, while major altcoins like Ethereum (ETH) and Solana (SOL) significantly lag their own peaks (source: Gregory Mall). Historically, altcoin rallies have followed Bitcoin's new highs with a two-to-six-month delay, suggesting a potential capital rotation into altcoins could be on the horizon (source: Gregory Mall). The rally is fueled by strong institutional demand, with spot Bitcoin ETFs seeing over $16 billion in year-to-date inflows and Canadian pension funds making significant investments (sources: Gregory Mall, Kevin Tam). Further positive sentiment comes from JPMorgan's filing for digital asset services and the upcoming launch of a spot XRP ETF in Canada (source: article text). While Nansen research analysts advise caution on an imminent 'altseason,' Bitfinex analysts suggest a market recovery is likely if BTC holds the $102,000-$103,000 support zone (sources: Nansen, Bitfinex).

According to Gregory Mall, Bitcoin's (BTC) recent rally to a new all-time high, driven by institutional inflows into spot ETFs and favorable macroeconomic signals, has pushed BTC dominance above 54%. Historically, a peak in Bitcoin dominance precedes a rally in altcoins, which have so far lagged, with Ethereum (ETH) and Solana (SOL) remaining 20-30% below their previous peaks. The analysis suggests a capital rotation from BTC to altcoins may be starting, evidenced by ETH's recent outperformance. Key indicators for an impending 'altseason' include institutional investors diversifying beyond Bitcoin, innovations in Layer 1 ecosystems like Solana and Avalanche, and a resurgence in DeFi, where the Total Value Locked (TVL) has surpassed $117 billion, according to DeFiLlama. Further supporting this trend, Kevin Tam notes that institutional demand is strong, with spot Bitcoin ETF purchases alone absorbing three times the newly minted supply last year. However, investors are cautioned that crypto remains a risk-on asset class, vulnerable to global economic fragility as highlighted in a recent OECD report.

According to Gregory Mall of Lionsoul Global, Bitcoin's (BTC) recent rally, driven by strong institutional inflows into spot ETFs and optimism around central bank rate cuts, may be setting the stage for an altcoin season. Mall's analysis highlights that Bitcoin dominance has climbed above 54%, a level that has historically preceded periods of altcoin outperformance, with altcoin rallies typically lagging BTC's all-time highs by two to six months. He points to Ethereum's (ETH) recent strength and a resurgence in DeFi, where total value locked (TVL) has surpassed $117 billion according to DeFiLlama, as early signs of a market rotation. Supporting this view, Kevin Tam notes significant institutional accumulation, with Canadian pension funds adding $55 million in spot BTC ETFs and ETF demand last year (500,000 BTC) far exceeding the newly mined supply (164,250 BTC). For traders, this suggests that while Bitcoin led the charge, the next phase of the cycle could see capital rotate into Layer-1s like Solana (SOL) and the broader DeFi ecosystem.

According to Gregory Mall, Chief Investment Officer at Lionsoul Global, Bitcoin's (BTC) recent surge to a new all-time high, driven by over $16 billion in year-to-date spot ETF inflows and optimism about central bank rate cuts, sets the stage for a potential altcoin rally. Mall notes that Bitcoin's market dominance has climbed above 54%, a level that historically precedes periods of altcoin outperformance. Historically, major altcoin rallies have lagged Bitcoin's all-time highs by two to six months. The recent 81% rally in Ethereum (ETH) since its April lows is cited as a potential early sign that a capital rotation from BTC to altcoins is beginning. Key indicators for an impending 'altseason' include institutional investors broadening their exposure beyond Bitcoin, innovation in Layer 1 ecosystems like Solana (SOL) and Avalanche (AVAX), and a resurgence in DeFi, with Total Value Locked (TVL) surpassing $117 billion. However, Mall also cautions that crypto remains a risk-on asset class, and a fragile global economic outlook highlighted by the OECD could pose risks. Recent data shows some profit-taking across major altcoins like Dogecoin (DOGE), XRP, and Cardano (ADA).

According to @AltcoinGordon, Bitcoin (BTC) is showing resilience while its rising market dominance signals a potential market shift. Gregory Mall of Lionsoul Global notes that Bitcoin's recent rally, fueled by central bank optimism and over $16 billion in year-to-date spot BTC ETF inflows, has pushed its market dominance above 54%. Historically, similar peaks in BTC dominance have preceded significant capital rotation into altcoins like Ethereum (ETH) and Solana (SOL), which currently lag far behind their all-time highs. This institutional interest is further confirmed by Kevin Tam, who highlights that Canadian pension funds have invested $55 million in spot Bitcoin ETFs and that ETF demand last year was three times greater than the supply of newly mined BTC. While global economic risks persist, analysts suggest that if historical cycles repeat, the next phase of the market could see a rally in the broader altcoin sector as investors diversify beyond Bitcoin.

According to Gregory Mall of Lionsoul Global, Bitcoin's (BTC) recent rally, despite low volume, was driven by central bank optimism, consistent institutional inflows into spot BTC ETFs exceeding $16 billion year-to-date, and easing political risks. Historical patterns suggest that as Bitcoin dominance surpasses 54%, a rotation into altcoins may be imminent, typically lagging BTC's all-time highs by two to six months. Key indicators for a potential altcoin season include a resurgence in DeFi, with Total Value Locked (TVL) surpassing $117 billion according to DeFiLlama, and innovation in Layer 1s like Solana (SOL) and Avalanche (AVAX). Further supporting a constructive outlook, Coinbase Research highlights stronger U.S. growth projections and progressing crypto legislation like the GENIUS and CLARITY Acts as tailwinds for the second half of the year. Additionally, analysis from Kevin Tam shows institutional demand from ETFs and corporations significantly outpaces the newly mined Bitcoin supply, creating a potential supply shock that could further impact price dynamics for both BTC and the broader crypto market.

According to @Pentosh1, the current market analysis reveals several key trading signals for both Bitcoin and altcoins. Gregory Mall of Lionsoul Global highlights that Bitcoin's (BTC) dominance has surpassed 54%, a historical indicator that often precedes a significant altcoin rally, despite most altcoins like Ethereum (ETH) and Solana (SOL) still lagging BTC's all-time highs. The BTC rally was fueled by over $16 billion in year-to-date institutional inflows into spot ETFs and optimism around future central bank rate cuts. Concurrently, analysis from NYDIG Research points out that Bitcoin's declining volatility has made options strategies relatively inexpensive, presenting a cost-effective opportunity for traders to position for directional moves ahead of market catalysts. Further supporting a bullish long-term outlook, Kevin Tam notes that institutional adoption is accelerating, with Canadian pension funds and banks acquiring substantial amounts of Bitcoin ETFs, causing demand to outpace the network's new supply by a factor of three.

According to Gregory Mall of Lionsoul Global, Bitcoin's (BTC) recent surge to a new all-time high, driven by institutional ETF inflows exceeding $16 billion year-to-date and optimistic central bank policies, may be a precursor to a broader altcoin rally. Mall notes that Bitcoin dominance has climbed above 54%, a level that historically precedes altcoin outperformance, as seen in the 2017 and 2021 cycles where altcoin rallies lagged BTC's peak by two to six months. Early signs of this rotation may already be visible, with Ethereum (ETH) rallying 81% since its April lows. Key indicators to watch for an "altseason" include institutional investors broadening their exposure beyond BTC, innovation in Layer 1s like Solana (SOL), and a resurgence in DeFi, where the total value locked has surpassed $117 billion. However, Mall cautions that crypto remains a risk-on asset class vulnerable to global economic fragility.

According to Gregory Mall of Lionsoul Global, Bitcoin's (BTC) recent all-time high, achieved despite low volume, signals a potential upcoming rally for altcoins. Mall points out that while BTC has surged, major altcoins like Ethereum (ETH) and Solana (SOL) remain 20-30% below their peaks, according to the analysis. Key drivers for Bitcoin's rise include institutional inflows from spot ETFs, which have absorbed over $16 billion year-to-date, and optimism about central bank rate cuts. Historically, altcoin rallies have followed BTC's new highs by two to six months. With BTC dominance now over 54%, Mall suggests a capital rotation into altcoins may be starting, evidenced by ETH's recent outperformance and a DeFi Total Value Locked (TVL) recovery to over $117 billion, according to data from DeFiLlama cited in the report. However, he cautions that crypto remains a risk-on asset class vulnerable to global economic fragility, as noted in a recent OECD report.

According to @AltcoinGordon, multiple analyses suggest that Bitcoin's (BTC) recent rally, which saw it reach a new all-time high, may be setting the stage for a subsequent altcoin season. Gregory Mall of Lionsoul Global notes that the BTC surge was driven by institutional inflows, with spot Bitcoin ETFs accumulating over $16 billion year-to-date, and central bank optimism regarding potential rate cuts in the second half of 2025. Historically, altcoin rallies have lagged BTC's all-time highs by two to six months, and with BTC dominance now above 54%, a rotation may be imminent. Signs of this shift include Ethereum's (ETH) recent outperformance and the recovery in DeFi's total value locked (TVL) to over $117 billion, a 31% increase from its April lows, according to DeFiLlama. Further supporting institutional interest, Kevin Tam highlights that Canadian pension funds have invested millions in spot BTC ETFs, with ETF demand for BTC outstripping new supply by a factor of three to one over the past year. A Coinbase Research report adds that a constructive outlook for the second half of 2025 is fueled by an improving macroeconomic backdrop and positive regulatory developments in the U.S. and U.K., although the OECD warns that global economic fragility remains a risk for speculative assets.

According to Eric Balchunas, the current market cycle shows strong parallels to historical patterns where a Bitcoin (BTC) rally precedes broader altcoin outperformance. Gregory Mall of Lionsoul Global highlights that Bitcoin's recent surge, fueled by over $16 billion in year-to-date spot ETF inflows and optimistic central bank policies, has pushed BTC dominance above 54%. Historically, altcoin rallies have followed BTC all-time highs by two to six months, and signs of this rotation may be emerging, as evidenced by Ethereum's (ETH) 81% rally from its April lows. Further institutional interest is confirmed by Kevin Tam's analysis, which notes Canadian pension funds have invested $55 million in spot Bitcoin ETFs, and ETF demand has outpaced new BTC supply by three times in the past year. Concurrently, regulatory developments like the GENIUS Act are positioning ETH as a core settlement and collateral layer for tokenized assets on Wall Street, according to Vivek Raman of Etherealize. The potential for a Solana (SOL) ETF is also growing, with VanEck's proposed fund appearing on the DTCC website, indicating increasing institutional appetite for a wider range of crypto assets.

According to Gregory Mall of Lionsoul Global, Bitcoin's (BTC) recent surge to a new all-time high, driven by over $16 billion in year-to-date spot ETF inflows and central bank optimism, may signal an upcoming altcoin rally. Historically, altcoin seasons have lagged Bitcoin's peaks by two to six months, and with BTC dominance now exceeding 54%, a peak may be near. Mall notes that a rotation into altcoins could already be starting, pointing to Ethereum's (ETH) 81% rally from its April lows and the total value locked in DeFi surpassing $117 billion. This pattern suggests traders should watch for a capital shift from BTC to major altcoins like ETH and Solana (SOL), although the analysis also cautions that crypto remains a risk-on asset class amid a fragile global economy.

According to Gregory Mall, Chief Investment Officer at Lionsoul Global, Bitcoin (BTC) has reached a new all-time high while most altcoins, including Ethereum (ETH) and Solana (SOL), are still significantly below their peaks. Key drivers for the BTC rally include optimism about central bank rate cuts, consistent institutional inflows from spot Bitcoin ETFs totaling over $16 billion year-to-date, and easing global trade tensions. BTC dominance has risen above 54%, a level that historically precedes altcoin outperformance. Mall notes that in past cycles, altcoin rallies have lagged BTC's all-time highs by two to six months, suggesting a market rotation may be imminent. Indicators to watch for a potential 'altseason' include institutional investors diversifying beyond Bitcoin, innovation in Layer 1 ecosystems like Solana, and a resurgence in DeFi total value locked (TVL), which has surpassed $117 billion. However, traders should remain cautious as crypto is still considered a risk-on asset class amid a fragile global economic outlook, according to a recent OECD report.

According to @52kskew, while Bitcoin (BTC) remains firm, major altcoins like Dogecoin (DOGE), Ether (ETH), Solana (SOL), and Cardano (ADA) are showing early signs of profit-taking as they near local resistance levels. Despite this, the broader market backdrop is seen as constructive. Jeffrey Ding, Chief Analyst at HashKey Group, points to improving macro conditions like U.S.-China trade progress and softer inflation data as supportive for risk assets. Institutional interest is growing, with Augustine Fan of SignalPlus highlighting positive sentiment from Circle's IPO and corporate BTC treasury strategies. Gregory Mall, CIO of Lionsoul Global, suggests that with Bitcoin dominance now above 54%, a capital rotation into altcoins may be imminent, mirroring previous cycles where altcoin rallies lagged BTC's all-time highs by two to six months. Key indicators for a potential 'altseason' include a resurgence in DeFi, where total value locked (TVL) has surpassed $117 billion, and broadening institutional demand beyond Bitcoin. Supporting this, Kevin Tam notes that Canadian pension funds have invested $55 million in spot BTC ETFs and that overall ETF demand for Bitcoin last year was three times higher than the newly mined supply.

According to Gregory Mall, Bitcoin (BTC) has reached new all-time highs driven by institutional ETF inflows exceeding $16 billion year-to-date, optimism about central bank rate cuts, and easing political risks. Despite this rally, major altcoins like Ethereum (ETH) and Solana (SOL) remain significantly below their peaks, pushing BTC dominance above 54%. Historically, altcoin rallies have lagged BTC all-time highs by two to six months, suggesting a capital rotation may be imminent. Mall points to Ether's recent 81% rally since its April lows and the resurgence in DeFi, with Total Value Locked (TVL) surpassing $117 billion, as early indicators. For traders, this signals a potential 'altseason' where diversification into Layer-1s and DeFi protocols could capture upside, though risks remain as crypto is still treated as a risk-on asset amid global economic fragility.

According to Gregory Mall of Lionsoul Global, Bitcoin's (BTC) recent rally to a new all-time high, driven by institutional ETF inflows exceeding $16 billion year-to-date and optimism about Federal Reserve rate cuts, may signal the start of a market rotation into altcoins. The report notes that Bitcoin dominance has climbed above 54%, a level that historically precedes altcoin outperformance, with past cycles showing a two to six-month lag. Signs of this rotation may already be visible in Ethereum's (ETH) 81% rally from its April lows and a resurgence in DeFi, with Total Value Locked (TVL) surpassing $117 billion. Further bullish sentiment comes from institutional developments, including a JPMorgan trademark filing for digital asset services and the upcoming launch of a spot XRP ETF in Canada by Purpose, which contributed to a 6-7% gain for XRP. Bitfinex analysts suggest that if BTC can hold the $102,000-$103,000 support zone, the market could be primed for recovery after recent selling pressure.

According to @CryptoMichNL, Bitcoin's (BTC) recent rally to a new all-time high, fueled by over $16 billion in year-to-date spot ETF inflows and optimism about central bank rate cuts, has pushed BTC dominance above 54%. The analysis suggests that if historical cycles repeat, a rotation into altcoins may be imminent, as altcoin rallies have historically lagged Bitcoin's all-time highs by two to six months. Key indicators for a potential 'altseason' include Ethereum's (ETH) recent outperformance, growing institutional interest in diversified crypto indexes, and a resurgence in DeFi, with total value locked (TVL) surpassing $117 billion. Further institutional adoption is highlighted by Canadian pension funds investing $55 million in spot BTC ETFs and overall ETF demand for Bitcoin outstripping new supply by a factor of three. However, the analysis also cautions that crypto remains a risk-on asset class, vulnerable to global economic fragility as noted in a recent OECD report.