According to Gregory Mall and Kevin Tam, bitcoin (BTC) reached a new all-time high on May 22, driven by central bank rate cut expectations (source: Mall), institutional inflows from spot ETFs exceeding $16 billion year-to-date (source: Mall), and easing political risks (source: Mall). Mall noted BTC dominance has risen to 54%, and historical trends suggest altcoins like Ethereum (ETH) and Solana (SOL) typically rally after a 2-6 month lag, with ETH already up 81% since April lows. Tam highlighted institutional adoption, such as Canadian pension funds adding $55 million to BTC ETFs and demand outpacing new supply by three times, which could tighten market dynamics. Both experts advise diversification into altcoins and thematic exposures like Layer 1s and DeFi, but caution that crypto remains risk-on amid global economic fragility.

According to Crypto Rover, major altcoins are showing signs of preparing for a new upward phase, as highlighted in his May 12, 2025, analysis (source: @rovercrc on Twitter). Trading volumes for several leading altcoins have spiked, and technical indicators like RSI and MACD suggest growing bullish momentum. Traders are watching for potential breakouts in assets such as Ethereum, Solana, and Avalanche, signaling a possible altcoin season. This renewed interest could increase volatility and present high-reward trading opportunities, making it vital for crypto market participants to monitor momentum shifts and set stop-loss levels accordingly (source: @rovercrc on Twitter).