Alltcoins won’t just gain value but they will appreciate exponentially once the altseason starts. Mirroring the 2017 altseason, the altcoins season for 2025 will not just appreciate but will vertically climb.
A crypto trader who goes by the pseudonym, Merlijn The Trader, spotted that the altseason for 2025 was following the same trait as the 2017 altseason. Making a comparison between these two incidence, the trader saw that the total crypto market cap was approaching a golden cross, similar to one in 2017, which turned into massive gains.
What is a Golden Cross?
A Golden Cross is a widely used technical analysis indicator that signals a potential shift from a bearish to a bullish trend in financial markets, especially in stocks and cryptocurrencies.
A Golden Cross happens when the short-term moving average (MA) — typically the 50-day MA crosses the long-term MA from below.
Why traders closely watch these?
- Indicate growing buying momentum.
Often attracts more buyers once confirmed, fueling the trend.
- Trend Confirmation:
Seen as stronger than short-term rallies because it reflects a broad shift in market sentiment.
- Support & Resistance:
After the Golden Cross, the 50-day and 200-day MAs often act as support levels in case of pullbacks.
The total crypto market excluding Bitcoin and top 10 coins, is now inside a rising wedge, which is a bearish pattern. Buyers push price higher but with less enthusiasm and eventually sellers start stepping in, preparing for a breakout to the downside.
Given that the pattern breaks by the book, the total crypto market cap excluding BTC could crash. However, the 50-day MA and 200-day MA will act as support levels and absorb the prices.
