{"id":24521,"date":"2025-06-04T19:19:13","date_gmt":"2025-06-04T16:19:13","guid":{"rendered":"https:\/\/forklog.com\/en\/matrixport-analysts-doubt-the-onset-of-altcoin-season\/"},"modified":"2025-06-04T19:19:13","modified_gmt":"2025-06-04T16:19:13","slug":"matrixport-analysts-doubt-the-onset-of-altcoin-season","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/matrixport-analysts-doubt-the-onset-of-altcoin-season\/","title":{"rendered":"Matrixport Analysts Doubt the Onset of Altcoin Season"},"content":{"rendered":"<p>The anticipated rally in altcoins appears unlikely, with Bitcoin remaining the only reliable asset in the current crypto market, according to Matrixport.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">? Today\u2019s <a href=\"https:\/\/twitter.com\/hashtag\/Matrixport?src=hash&#038;ref_src=twsrc%5Etfw\">#Matrixport<\/a> Daily Chart \u2014 June 3, 2025 \u2b07\ufe0f<\/p>\n<p>Altcoin Hopes Fade as Bitcoin Remains the Only Safe Bet<a href=\"https:\/\/twitter.com\/hashtag\/Matrixport?src=hash&#038;ref_src=twsrc%5Etfw\">#Matrixport<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&#038;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/BTC?src=hash&#038;ref_src=twsrc%5Etfw\">#BTC<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/MarketTrends?src=hash&#038;ref_src=twsrc%5Etfw\">#MarketTrends<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/CryptoResearch?src=hash&#038;ref_src=twsrc%5Etfw\">#CryptoResearch<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/altcoin?src=hash&#038;ref_src=twsrc%5Etfw\">#altcoin<\/a> <a href=\"https:\/\/t.co\/2pYC3Xh1a9\">pic.twitter.com\/2pYC3Xh1a9<\/a><\/p>\n<p>\u2014 Matrixport Official (@Matrixport_EN) <a href=\"https:\/\/twitter.com\/Matrixport_EN\/status\/1929795186873585903?ref_src=twsrc%5Etfw\">June 3, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Analysts noted that a key condition for an altcoin season is a sustained decline in the dominance of the leading cryptocurrency. However, after reaching a local low of 61.2% in mid-May, the figure has already risen to 63.3%.<\/p>\n<p>Retail activity <a href=\"https:\/\/forklog.com\/en\/news\/cryptoquant-reports-lack-of-fomo-buying-among-retail-bitcoin-traders\">remains low<\/a>, and speculative futures trading is near minimal levels, Matrixport specialists observed.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cThis indicates that demand is concentrated solely on Bitcoin, particularly in spot markets rather than leveraged derivatives,\u201d they emphasized.<\/p>\n<\/blockquote>\n<p>Digital gold may enter a consolidation phase this summer, akin to last year. Yet, even with slow growth rates, Bitcoin currently appears to be the safest bet, the experts concluded.<\/p>\n<p>Earlier, some analysts suggested the <a href=\"https:\/\/forklog.com\/en\/news\/ethereum-surges-46-in-a-month-as-analysts-predict-breakthrough\">continuation of Ethereum&#8217;s breakthrough<\/a>, which could provide momentum to altcoins.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The anticipated rally in altcoins appears unlikely, with Bitcoin remaining the only reliable asset in the current crypto market, according to Matrixport. ? Today\u2019s #Matrixport Daily Chart \u2014 June 3, 2025 \u2b07\ufe0f Altcoin Hopes Fade as Bitcoin Remains the Only Safe Bet#Matrixport #Bitcoin #BTC #MarketTrends #CryptoResearch #altcoin pic.twitter.com\/2pYC3Xh1a9 \u2014 Matrixport Official (@Matrixport_EN) June 3, 2025 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":24520,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1146,989,1138],"class_list":["post-24521","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptocurrency-market-forecasts","tag-matrixport","tag-opinions"],"aioseo_notices":[],"amp_enabled":true,"views":"88","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/24521","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=24521"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/24521\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/24520"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=24521"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=24521"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=24521"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}