Ray Yossef says the alt season began in April, peaking now. He cites BTC dominance shifts and ETH ETF inflows.
Ray Yossef, CEO of NoOnes, says the move is not a fresh start but a peak of alt season. He locates the start in April when ETH rebounded from $1,500, and says easy gains are behind investors. He warns late entrants face downside risk.
It’s worth noting that InvestingHaven analysts have a different outlook, according to our premium alerts there are key points of entry coming and big movements predicted before the end of 2025, you can read more about our premium alerts here
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‘We’re Past The Middle’
Yossef breaks the year into clear phases, saying alt season opened in April when ETH began rebounding from $1,500. He calls April a thaw, June a cooler consolidation, and late July to early August the true summer where broad alt gains consolidated.
He identifies late June to early July bargains in DOGE, SOL, XRP and ADA as the rotation that launched the altseason rally. On present action he says the market is at or near a peak, noting Bitcoin market dominance has fallen toward the 60% band with a 4% weekly slip as his timing signal.
He warns autumn will come quickly and prices could fall like leaves in October.
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Evidence For ‘Peak Now’
Yossef points to two concrete market signals as proof. First, Bitcoin’s market share has slipped into the high 50s to around 60%, a late cycle marker he uses to show altcoins have outpaced BTC.
Second, he notes more than 30 altcoins have outperformed Bitcoin over the last 90 days, evidence of market breadth that often precedes a cycle peak.
He frames these as late stage signs rather than early signals, and he cites market trackers that show stronger alt season readings in recent weeks.
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What Is Coming Next
Yossef expects institutional inflows to Ethereum to lengthen the altcycle briefly, but he stresses selectivity.
He names Solana and Ripple as potential multi-bag winners, warns speculative userless tokens will vanish, and predicts meme coins could get a second life after BTC and ETH institutional phase eases.
The analyst points to strong spot ETH ETF inflows in August as proof.
This opinion is not broadly shared and Investing Haven’s recent premium alerts have provided key information on why and when we expect the next bullish movements and for which assets, you can read more about them here
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Conclusion
According to Yossef, we are at alt season’s top. He recommends you rotate cautiously, and look toward altcoins with real utility, users and institutional interest.
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