Top Crypto Analyst Confirms Altcoin Season: ‘It Starts Now’

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Renowned crypto expert Josh Olszewicz has declared what galore crypto traders person agelong been waiting for: Altcoin Season has officially begun. In a marketplace breakdown released connected July 16, Olszewicz dismissed immoderate lingering uncertainty astir the existent marketplace structure, arguing that the conditions for outsized altcoin show are firmly successful place.

Crypto Alert: Altcoin Season Is Here

“For years, you’ve had radical telling you, ‘It’s an alt season.’ The comic happening is, erstwhile alt play is really here, you don’t request anybody to archer you—it’s obvious,” Olszewicz said, emphasizing that existent terms enactment crossed large alts and hazard assets leaves small country for ambiguity.

According to Olszewicz, Bitcoin remains the backbone of the crypto market, consolidating adjacent $120,000 astatine the yearly pivot with “plenty of country to go” connected technicals. He acknowledged that BTC’s spot underpins the full marketplace cycle, but the absorption has shifted to the explosive moves underway successful altcoins. “Let’s beryllium honest—you’re present due to the fact that you privation to outperform BTC by 2x to 5x. That’s the goal,” helium said.

Ethereum sits astatine the halfway of this rotation, breaking retired decisively from $2,200 to supra $3,200. “ETH has had rather the breakout. It’s supra the adjacent pivot astatine $3,200. I don’t request the unreality to archer maine this is bullish,” Olszewicz noted, pointing to method tailwinds and regulatory clarity surrounding staking and ETFs arsenic further catalysts. While ETH advocates person renewed confidence, Olszewicz cautioned against overconfidence: “Be cautious drinking the Kool-Aid. ETH could spell to $10K, but I deliberation it’ll conflict astatine $5K. For July, $4K looks realistic—but that’s already astir 4x from the April bottom.”

The expert besides flagged Solana arsenic a cardinal subordinate for those who missed the aboriginal moves successful BTC and ETH. “Sol is starting to look amended and amended here, approaching the yearly pivot. If it breaks supra $177, ticker out,” helium said, though helium warned that the SOL/ETH illustration inactive shows weakness. Other beardown setups see Sui, Avalanche, and meme coins similar Dogecoin and Pepe, which person already logged triple-digit percent gains successful caller weeks from their respective bottom.

Still, Olszewicz urged traders to temper expectations for an uninterrupted melt-up. Historically, August and September person been weaker months for crypto, and helium anticipates imaginable crisp corrections successful alts. “Maybe we don’t spot immense continuation successful those months. We could adjacent get antagonistic 25% days connected alts—just randomly, for immoderate reason. You cognize that’s coming,” helium said.

Despite these caveats, the broader outlook remains decisively bullish. “It’s hard to propulsion a dart and miss astatine this constituent successful the market. Everything looks good. If you’re successful positions that aren’t moving here, you request to inquire yourself why,” Olszewicz added. He highlighted that adjacent NFTs, agelong considered a proxy for speculative appetite, are surging again, with collections similar Pudgy Penguins and Bored Apes seeing multi-week highs.

As for the much-debated ETH/BTC pair, Olszewicz reminded traders that comparative worth matters. “This is wherefore everyone came here—for this chart. We’re inactive acold beneath the cloud, astatine levels past seen successful 2020. The people for mean reversion is 0.038. Until ETH/BTC is supra the play cloud, don’t get carried distant with the ETH-maxi stuff,” helium said, adding that the semipermanent carnivore inclination could persist into 2026 contempt short-term strength.

Olszewicz closed with a enactment of caution for overleveraged traders. “This is simply a marathon, not a sprint. Don’t suffer your garment connected 50x leverage erstwhile there’s truthful overmuch marketplace near to trade,” helium warned.

With full altcoin marketplace capitalization approaching captious absorption adjacent $1.5 trillion and sentiment flashing risk-on crossed the board, the connection from 1 of crypto’s astir followed analysts is clear: Altcoin Season isn’t coming—it’s already here.

At property time, the full crypto marketplace headdress surged to 3.75 trillion.