ChatGPT said:
Bitcoin (BTC)
$99,171.00
-$3,372.00
(-3.29%)
Today
1D
5D
1M
6M
YTD
1Y
5Y
MAX
📉 Is the Altcoin Correction Over?
🔍 Market Context
Bitcoin dominance has climbed from ~61.9% to near 65%, signaling renewed capital strength in BTC and weighing on alts
reddit.com
+13
ccn.com
+13
ccn.com
+13
.

Altcoin market cap has entered a descending parallel channel, suggesting a corrective phase, with bearish RSI/MACD – meaning another short-term dip may still occur before recovery
ccn.com
+1
ccn.com
+1
.

📊 Key Indicators to Watch
A break above the wedge alongside RSI > 50 and MACD > 0 would signal a possible altcoin season
cryptonews.com
+2
ccn.com
+2
ccn.com
+2
.

Ethereum outpaced BTC in May (+47% vs +9%)—an early signal that alt season might be beginning in waves
tradingview.com
+4
cryptonews.com
+4
coindesk.com
+4
.

🦖 "Dino Coins" Showing Strength
Legacy layer‑1s like LTC, XRP, ADA, also known as dino or dinosaur coins, are demonstrating resilience, supported by institutional interest and proven utility
thecryptobasic.com
+3
cryptotimes.io
+3
genfinity.io
+3
.

XRP rallied ~400%, with tokens like Stellar (XLM), BCH, EOS, TRX, HBAR gaining 50%+—pointing to a narrative shift favoring seasoned networks
coindesk.com
.

However, some caution exists: reddit voices argue "dino coins" may not all have strong fundamentals and warn against hype
tradingview.com
+12
reddit.com
+12
thecryptobasic.com
+12
.

🌊 Broader Altcoin Trends in 2025
Alt season unfolding in waves, focused on sectors like AI tokens, Layer‑2 chains, modular architectures, plus TON ecosystem and real‑world assets
cryptonews.com
.

Projects like AVAX, SUI, LTC are showing technical signs of reversal and could outperform BTC in Q2‑Q3 2025
tradingview.com
+6
ccn.com
+6
ccn.com
+6
.

Solana has retraced ~15% recently; analysts expect a retest toward $130–$160 before another leg up
tradingview.com
.

🧭 Is the Altcoin Correction Done?
Not definitively — indicators point to another short dip before a sustainable bounce .

But wider rotation toward alts is underway: ETH is gaining steam, dino coins are showing strength, and Layer‑2/AI tokens are gaining flux .

Trigger zones to watch:

BTC dominance reversing lower

Altcoin RSI/MACD flipping bullish

Breakouts in AVAX/SUI/LTC or SOL

Rising institutional flows into alts

✅ Instant Takeaway
Short‑term: another dip is possible. Be cautious and don't chase early.

Medium‑term: signs of a segmented altcoin rally are building.

Action plan: Monitor key alt setups (AVAX, SUI, LTC, SOL), set alerts for technical flips, and keep an eye on BTC dominance – a sustained drop could open the floodgates.