Journalist
Posted:
- ETHs fell to $ 2.3k while crypto losses extended in February.
- Altcoins remained limited in the midst of increased BTC Domanality.
On February 25, Ethereum [ETH] Poured further to $ 2.3k and cracked under the threshold of $ 2.6k, which, according to Crypto analyst Ali Martinez, could cancel ‘Altcoin season’.
Per Martinez’s analysisA dip under the long-term rising channel of the Ethereum would signal a break in the market structure of ETH and weigh on the Altcoin market.
“Altealth season is canceled if #etherum $ does not contain $ 2,600!”
Source: X
Altcoin season status
In the last 24 hours, the Altcoin market has an extra $ 160 billion in market capitalization after falling $ 1.28 trillion to $ 1.12 trillion.
Since the peak of last December, the Altcoin segment has lost more than $ 590 billion in the midst of persistent Bearish.
Source: Coinmarketcap
Even the ETH/BTC ratio, one of the indicators of the Altcoin momentum using the performance of ETH as the barometer, still had to take a decisive bottom.
The ratio has fallen 68% to levels that were last seen five years ago.
Source: ETH/BTC -Ratio, TradingView
In contrast to the Light Bounce in the end of 2024, which the Altcoin pump increased from November, the indicator did not see strong assistance in 2025. This could decrease the expectations of Altense season.
Cryptoquant’s Ki Young Ju however noted The addresses of those big players with $ 10k-100k ETH, rose 24%in the past year.
By the way, with a cost basis of $ 2,199, the persistent recovery of ETH can depend on price consideration above $ 2.2k.
That said, the Altcoin seal index was on 31, which suggests that it was a solid BTC season.
Source: Blockchain Center
In addition, the BTC -Dominance rose by more than 2% from 60% to 62% in the past week, which could record the outlook of Altcoin Recovery in the short term.
Surprisingly, some Altcoin-from-outers saw profits with double digits despite the overall bearish. Story [IP]Maker [MKR]” Sei [SEI]and Berachain[BERA]belonged to the top Weekly artists.
In the meantime, Raydium’s Ray was the worst hit, with 46%, with extra pressure from Pumpfun that his automated market maker (AMM) launched for his graduated tokens.