ChainCatcher news, Bloomberg senior ETF analyst Eric Balchunas posted on the X platform that, thanks to the leadership of Bitcoin ETFs, altcoin ETFs can achieve niche success.He wrote: "The best comparisons I can think of are that Litecoin should be like Local H, Solana is better than Ezra, XRP is Spacehog, and Doge is King Missile."

ChainCatcher news, Zhao Changpeng posted on X platform stating: "What is beneficial for Bitcoin will also be beneficial for altcoins."

ChainCatcher news, Bloomberg senior ETF analyst Eric Balchunas posted on social media: "The Litecoin ETF has now met all the requirements, and the countdown for the first altcoin ETF in 2025 is about to begin. I see no reason to withdraw this application, especially since the SEC has commented on the S-1 filing, Litecoin is considered a commodity, and the SEC has new leadership."Previous report, Nasdaq submitted the Canary Litecoin ETF 19B-4 filing application, initiating the regulatory review process.

ChainCatcher news, according to Coindesk, hedge fund Lekker Capital founder Quinn Thompson stated that the idea of the U.S. purchasing altcoins as a strategic reserve is absurd and will never happen.Previously, the New York Post reported that Trump "endorsed" the idea of creating tokens, including SOL, XRP, and Circle's USDC stablecoin, as part of a "America First Strategic Reserve."Quinn Thompson explained, "The government has no authority to stake venture capital on altcoins. The rumors about establishing strategic reserves for other non-BTC currencies are another example of people taking a bad idea and treating it as fact."

ChainCatcher news, QCP Capital's latest analysis points out that due to the U.S. CPI data being lower than expected, Bitcoin surged by 4.13% to a high of $100,800. In terms of spot ETFs, Bitcoin ETFs saw a net inflow of $723.2 million in a single day, indicating strong institutional demand.In the options market, traders are heavily buying call options with strike prices between $100,000 and $110,000 expiring in January, while the highest open interest is for $120,000 options expiring in March.As Bitcoin's market cap share drops from 58.6% to 57.4%, QCP Capital expects that if it falls below the support level of 57.3% and Bitcoin remains around $100,000, it may trigger an altcoin season, with funds potentially rotating from Bitcoin to other cryptocurrencies like Ethereum.

ChainCatcher news, according to DL News, JPMorgan analysts wrote in an investor report on January 13 that interest in new ETFs is limited beyond Bitcoin and Ethereum, despite expectations that Trump will clear regulatory hurdles. The institution believes that investor interest or demand is insufficient to make the launch of these future altcoin ETPs impactful on the cryptocurrency ecosystem.

ChainCatcher news, according to Kaiko, despite South Korean traders traditionally favoring altcoins (which account for about 80% of the market share on local platforms), Bitcoin has attracted a significant inflow of safe-haven funds during the recent political turmoil.On Upbit and Bithumb, the cumulative volume delta (CVD) of the BTC/KRW trading pair has shown a noticeable increase.

ChainCatcher news, Three Arrows Capital founder ZhuSu posted on social media, "The current market cycle has significant differences from 2020-2021: the Bitcoin funds flowing into ETFs and investment tools like MicroStrategy will not rotate into Ethereum, let alone other tokens. Unlike the previous market environment where Bitcoin, Ethereum, Solana, and other coins frequently rotated, other coins currently need substantial catalysts to drive movement.Without major events like Michael Saylor switching to other coins, simply claiming superiority over Bitcoin is no longer enough to attract Bitcoin holders to shift their investments. Existing holders must have faith in the project, and the underlying protocol must be able to perform its intended function."

ChainCatcher message, VanEck's Head of Digital Asset Research Matthew Sigel posted, "Is it too late to turn bearish now? The adjustment of altcoins after the election has recorded the worst performance ever."

ChainCatcher news, 10x Research's market analysis indicates that since Trump's election in November last year, the U.S. stock market has erased all gains, despite initial expectations that the election would drive stronger growth and lower taxes. The anticipation of a rebound in the cryptocurrency market after the election quickly faded on December 6 last year, after which trading volume significantly declined, and funding rates peaked on that date, indicating its importance.Macroeconomic factors are the main drivers of the Bitcoin and cryptocurrency market cycles. The Federal Reserve cut interest rates by 50 basis points in September due to a weak labor market and recession expectations, but subsequent data showed a different trend.Although non-farm employment increased by only 12,000 in October, it rebounded to 227,000 in November, and the data released on January 10 again showed strong growth, with 256,000 new jobs added and the unemployment rate dropping to 4.1%. This data suggests that the Federal Reserve's rationale for cutting rates is flawed, undermining the basis for the rate-cutting cycle.

ChainCatcher news, CryptoQuant analyst Burakkesmeci stated: "Analyzing the trading volume of Binance trading pairs reveals that since May 2024, interest in altcoins has been steadily increasing.With the rise in retail participation, the dominance of altcoins (excluding BTC and ETH) in Binance trading volume has continued to rise, reaching 77.83% by January 2025 (an increase of about 11% over the past five months). This trend highlights the growing attention of investors towards altcoins on Binance. Historical data is as follows:May 2024: 50.8%August 2024: 66.77%November 2024: 73.87%January 2025: 77.83%Conclusion: The continued growth of altcoin trading volume on Binance enhances confidence in the potential for an altcoin bull market in 2025. With increasing retail interest, the altcoin market may continue to maintain strong momentum in the coming months."

ChainCatcher news, Real Vision CEO Raoul Pal predicts that the crypto market is entering the "Banana Singularity" phase. He divides the current market into three stages: the breakout in November 2024, the current consolidation period, and the upcoming altcoin season.Pal stated that as Bitcoin's dominance (currently at 58%) declines, the market will experience a comprehensive bullish trend, with core winners creating higher peaks. He also noted that the current market trend is similar to the 2016/2017 cycle, and the consolidation period is expected to end soon.

ChainCatcher news, CryptoQuant CEO Ki Young Ju stated on his social platform, "The altcoin market is currently in a zero-sum PvP (player versus player) game. Although Bitcoin's market cap has doubled, the total market cap of altcoins is still below the previous historical high, merely rotating within the market without new capital inflow. Only a few altcoins with strong use cases and narratives will be able to survive."

ChainCatcher news, according to a report by Citigroup analysts on Monday, suggests that given Ethereum is the only major cryptocurrency approved as a spot ETF base (besides Bitcoin), it may be a rotation target. The performance of other cryptocurrencies and altcoins is even more significant, indicating that some market participants expect a "altcoin season" in 2025 following a strong year for Bitcoin.Citigroup analysts stated that new policy support will help solidify the legitimacy of altcoins in the market, potentially driving up prices. Bitcoin is classified as a commodity and already has traditional financial trading tools like spot ETFs and futures. In contrast, the definitions of other crypto assets are more uncertain, and the range of investment options is more limited.Analysts added that further policy support will provide a significant boost for altcoins compared to Bitcoin.

ChainCatcher news, according to a post by the cryptocurrency market research firm Santiment on the X platform, the average trading return reflects well whether "buying the dip" or "selling at a high" has captured the right timing. Currently, active wallets over the past 30 days are overall in a loss state for BTC, ETH, ADA, DOGE, and the vast majority of altcoins.When the MVRV index is negative, it means you are buying or increasing your holdings while others are already at a loss. Historically, these "market panic" moments are precisely when professional traders profit.Trading should be done with caution; do not assume that these opportunity zone signals will immediately lead to a turnaround. However, probabilities indicate that in the near future, cryptocurrencies will at least experience a short to medium-term reversal, provided that economic and geopolitical factors do not pose obstacles.

ChainCatcher news, according to Coinmarketcap data, the Altcoin Season Index is currently at 44, down 3 points from yesterday and down 38 points from last month. This index shows that in the past 90 days, about 44 projects among the top 100 cryptocurrencies by market capitalization have outperformed Bitcoin.The CMC Cryptocurrency Altcoin Season Index is a real-time indicator based on the performance of the top 100 altcoins relative to Bitcoin over the past 90 days, commonly used to determine whether the current cryptocurrency market is in an altcoin-dominated season.