Analysts like Farmageddon and The Blockfather argue that even a small slip in dominance could trigger aggressive rotation into beaten‑down alts, especially with higher‑timeframe momentum starting to curl upward.

Others take a more selective view: early moves often start with a few strong leaders and remain narrative‑driven until liquidity improves.

Macro‑focused traders point to multi‑year downtrends, extreme RSI levels, potential MACD flips, and the possibility of QE or rate cuts as fuel for a delayed breakout.

The shared theme: if alts stabilize against BTC and dominance weakens, a bear‑market altseason could begin right when most participants have already given up.