加密货币市场在三个月内造成了1万亿美元以上的巨大损失，引发了广泛的恐慌销售。

由于现场加密ETF的影响并从大量的AltCoins中稀释流动性，预期的2025年“ Altseason”的时机尚不确定。

The crypto market has seen a brutal hit, losing over $1 trillion in just three months. Panic selling has taken hold as investors watch prices tumble. Bitcoin, which was trading above $101,000 just a few months ago, has now plunged to around $82,000 as of Thursday, 13/03, during early New York trading.

加密货币市场遭受了残酷的打击，在短短三个月内损失了超过1万亿美元。当投资者观看价格下跌时，恐慌销售已持续下去。几个月前，比特币的交易价格超过101,000美元，截至纽约早期交易期间，截至周四13/03周四，比特币现在跌至82,000美元左右。

But the real pain is in the altcoin market. With Ethereum (ETH) and Dogecoin (DOGE) leading the downturn, traders are left wondering: is this just another dip, or is the long-awaited altseason slipping further away? And with the rise of spot crypto ETFs, could the usual market cycles be shifting for good?

但是真正的痛苦在于替补市场。由于以太坊（ETH）和Dogecoin（Doge）带领低迷，交易员却想知道：这只是另一个蘸酱，还是期待已久的Altseason滑倒？随着现场加密ETF的兴起，通常的市场周期会永远转移吗？

Let’s break down the key signals, historical trends, and what could determine whether 2025 brings the next big altcoin rally.

让我们分解关键信号，历史趋势，以及可以决定2025是否带来下一个大型Altcoin集会的原因。

Altseason 2025 Key Insights

Altseason 2025关键见解

In previous market cycles, altcoin rallies have started when Bitcoin dominance begins to decline. However, with the rise of spot crypto ETFs, the usual cash flow patterns in crypto have shifted, making it harder to predict when the next altseason will begin.

在以前的市场周期中，当比特币优势开始下降时，Altcoin集会已经开始。但是，随着现场加密ETF的兴起，加密货币的通常现金流量模式发生了变化，因此很难预测何时开始下一个季节。

From a technical standpoint, the Others/BTC trading pair is currently testing a major support level on the weekly chart. In past cycles, this setup has triggered strong altcoins rallies. However, if altcoins fail to rebound in the coming weeks, the long-awaited altseason may be delayed.

从技术角度来看，其他/BTC交易对目前正在测试每周图表上的主要支持水平。在过去的周期中，这种设置触发了强大的Altcoins集会。但是，如果Altcoins在未来几周内未能反弹，那么期待已久的Altseason可能会推迟。

#Altseason is Ready To Go 🔥$Total 2 is showing the same ready-to-go pattern for Altseason.The RSI is in the neutral zone, poised for a breakout to the overbought zone during the upcoming Altseason 🚀 pic.twitter.com/5iLM0iOUTb

#Altseason准备好去🔥$ $ 2总共显示出与altseason相同的现成模式。RSI在中立区，有望在即将到来的Altseason pic.twitter.twitter.com/5ilm0ioutb中突破到过多的区域。

Too Many Altcoins, Slower Growth

太多的山寨币，增长速度较慢

The existence of more than 15,000 altcoins—ranging from utility tokens to meme coins—has spread crypto liquidity thin, slowing down the usual four-year bull cycle. However, the shift in U.S. leadership, with President Donald Trump prioritizing clearer crypto regulations, has helped fuel optimism for digital asset adoption, especially in the DeFi sector.

从公用事业代币到模因硬币的存在15,000多个Altcoins的存在，散布了加密流动性稀薄，减慢了通常的四年公牛周期。但是，美国领导人的转变，唐纳德·特朗普（Donald Trump）总统优先考虑更清晰的加密法规，这有助于对采用数字资产的采用，尤其是在违规部门的采用。

The launch of the Official Trump (TRUMP) memecoin has played a role in expanding crypto adoption among both retail and institutional investors. Given these developments, some altcoins—especially those that are heavily oversold but have strong leadership and active communities—could be poised for gains.

官方特朗普（特朗普）纪念物的推出在扩大零售和机构投资者的加密采用方面发挥了作用。鉴于这些事态发展，一些山寨币（尤其是那些超重但具有强大领导和积极社区的山寨币）可能会有所提高。

Altcoins to Watch in 2025

2025年观看的山寨币

Here are some top altcoins that could see strong recoveries in the next cycle:

以下是一些顶级山寨币，可以在下一个周期中看到强大的回收率：

If historical patterns hold, these tokens could be among the biggest gainers when altseason finally arrives.

如果历史模式成立，那么这些代币可能是替代赛季最终到达时最大的获利者之一。

The wait for altseason continues, but when momentum shifts, it tends to do so in a big way.

等待Altseason的等待仍在继续，但是当动量发生变化时，它往往会大大这样做。