{"id":90886,"date":"2025-11-11T16:42:23","date_gmt":"2025-11-11T13:42:23","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=90886"},"modified":"2025-11-11T16:45:20","modified_gmt":"2025-11-11T13:45:20","slug":"wintermute-explains-delay-in-altcoin-season","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/wintermute-explains-delay-in-altcoin-season\/","title":{"rendered":"Wintermute Explains Delay in Altcoin Season"},"content":{"rendered":"<p>A full-fledged altcoin season will commence only when the leading cryptocurrency approaches its <span data-descr=\"all-time high\" class=\"old_tooltip\">ATH<\/span>. This conclusion was reached by analysts at <a href=\"https:\/\/forklog.com\/en\/news\/what-is-a-market-maker\">market maker<\/a> Wintermute.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"zxx\" dir=\"ltr\"><a href=\"https:\/\/t.co\/EKkl7NXGkA\">https:\/\/t.co\/EKkl7NXGkA<\/a><\/p>\n<p>\u2014 Wintermute (@wintermute_t) <a href=\"https:\/\/twitter.com\/wintermute_t\/status\/1988178068373205504?ref_src=twsrc%5Etfw\">November 11, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>They noted that the market has recovered from the <a href=\"https:\/\/forklog.com\/en\/news\/whales-adl-and-the-end-of-the-bull-what-really-happened-on-cryptos-black-saturday-2\">October downturn<\/a>, and investor sentiment has improved. Traders have begun to take selective risks. <\/p>\n<p>However, the inflow of capital into digital currencies has not yet resumed, causing the sector to lag behind other asset classes.<\/p>\n<p>The growth leaders for the week were segments:<\/p>\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/forklog.com\/en\/news\/distributed-energy-and-a-global-geodetic-network-what-lies-ahead-for-depin-in-2025\">DePIN<\/a>: +22%;<\/li>\n<li><a href=\"https:\/\/forklog.com\/en\/news\/what-is-a-layer%e2%80%912-solution-in-blockchain\">L2<\/a> solutions: +13%;<\/li>\n<li>projects with &#8220;medium&#8221; capitalization: +15%;<\/li>\n<li>AI tokens: +9.6%;<\/li>\n<li><a href=\"https:\/\/forklog.com\/en\/news\/what-is-decentralised-finance-defi\">DeFi<\/a>: +8.8%.<\/li>\n<\/ul>\n<p>Meanwhile, the L1 blockchain sector showed a decline of 1%. This disparity indicates that investors are adding risky assets to their portfolios, but are doing so very cautiously, Wintermute explained. <\/p>\n<p>Historically, altcoins perform well when the price of Bitcoin is near its peak values. This creates a &#8220;capital spillover&#8221; effect into riskier coins.<\/p>\n<p>At the time of writing, the leading cryptocurrency is trading about 16% below its ATH, according to <a href=\"https:\/\/www.coingecko.com\/en\/coins\/bitcoin\">CoinGecko<\/a>. According to Wintermute, under such conditions, Bitcoin outperforms alternative coins in 54% of cases. This explains why the recent rise of tokens like FIL, ICP, and FET was short-lived and quickly ended.<\/p>\n<p>Analysts believe that for a sustainable altcoin rally, digital gold and Ethereum must take the lead. The current situation is not stagnation but a transitional phase. The next key factor for volatility will be news from the US related to regulation and policy, Wintermute concluded.<\/p>\n<p>In November, a study by Sygnum <a href=\"https:\/\/forklog.com\/en\/news\/investors-anticipate-cryptocurrency-market-rally-by-year-end\">revealed<\/a> that institutional investors are confident in the growth of cryptocurrencies by the end of the year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A full-fledged altcoin season will commence only when the leading cryptocurrency approaches its ATH.<\/p>\n","protected":false},"author":1,"featured_media":90887,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"Altcoin season awaits Bitcoin's approach to ATH.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[20,1252,1149],"class_list":["post-90886","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-altcoins","tag-reports","tag-wintermute"],"aioseo_notices":[],"amp_enabled":true,"views":"212","promo_type":"1","layout_type":"1","short_excerpt":"Altcoin season awaits Bitcoin's approach to ATH.","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/90886","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=90886"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/90886\/revisions"}],"predecessor-version":[{"id":90888,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/90886\/revisions\/90888"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/90887"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=90886"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=90886"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=90886"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}