Analyst Predicts 217-Day Altcoin Season for Ethereum and Dogecoin
A technical analysis indicates a potential altcoin season lasting 217 days for the crypto market, focusing on assets like Ethereum and Dogecoin. Key findings include:
- Analyst Sporia emphasizes maintaining critical support levels for an altcoin rally.
- The Total2 chart suggests alignment with Fibonacci time sequences, indicating a market inflection point.
- Sporia's price chart has historically identified significant bottoms in altcoin pricing.
Current market conditions coincide with the fourth bottom hit at a critical resistance zone. If this support holds, a major market shift is likely. The altcoin market could peak by October 13, 2025, following Bitcoin’s projected cycle top in mid-September.
- Historically, Bitcoin peaks before altcoins; previous cycles show altcoins topped shortly after Bitcoin.
- The last notable peak occurred at the 3.618 Fib level, coinciding with a $5 trillion market cap surge.
- Sporia predicts a V-shaped recovery if key support remains intact.
