Bitcoin recently broke above $111,000, marking a new all-time high and reigniting investor interest across the crypto market. While there was a short pullback, attention is now shifting towards altcoins, with some showing early signs of movement. Solana gained 4%, XRP saw a 1% rise, and Cardano experienced a 2% increase. These gains have fueled speculation that the next stage of market growth may be approaching. analysts predict selective altcoin gains until Bitcoin’s price stabilizes. An anticipated drop in Bitcoin dominance might pave the way for altcoins to flourish, potentially leading to a more robust rally. Bitget Research Chief Analyst Ryan Lee states that the start of an altcoin run could hinge on declining Bitcoin market share and increasing liquidity, possibly through monetary easing. EToro Australia analyst Reece Hobson suggests two conditions would set off an altcoin rally: increased system liquidity and a dip in Bitcoin dominance to around 70%. Until then, altcoin gains may be limited. Some analysts believe the signs of an altcoin season are already appearing. Trader Carl Moon’s observations indicate that Bitcoin’s market share is shrinking, potentially signifying the start of an altcoin breakout. This aligns with the growing belief that attention might shift towards other tokens. However, not everyone shares this perspective. Ash Crypto advocates for a cautious approach, reminding traders that past market cycles have shown short-lived altcoin rallies lasting only four to five months. In 2021, major altcoin gains occurred between January and May. Meanwhile, Mena Theodorou, co-founder of Coinstash, suggests that Bitcoin is still in its price discovery phase. This stage often keeps focus and capital centered on Bitcoin, potentially limiting an immediate broader altcoin market rally. Some traders are keeping a close watch on Bitcoin’s market dominance, while others believe dominance needs to rise further before altcoin interest returns. Ethereum’s recent gains have also fueled optimism. As Ethereum climbs in market value, some see it as a sign that the market is ready for another wave of growth beyond Bitcoin. However, caution remains a key element in the equation. While excitement grows, a full rotation into altcoins hasn’t occurred yet. Traders and analysts alike are waiting to observe what comes next, knowing past cycles have always followed a similar pattern: Bitcoin first, then the rest. Now, it is only a matter of time before we see if the next step will be as expected.