Altseason on the brink: Can Ethereum hold the crucial $2,600 barrier? – Analyst weighs in

• ETHs fell to $ 2.3k whereas crypto losses prolonged in February.
• Altcoins remained restricted within the midst of elevated BTC Domanality.

On February 25, Ethereum [ETH] Poured additional to $ 2.3k and cracked below the brink of $ 2.6k, which, in accordance with Crypto analyst Ali Martinez, may cancel ‘Altcoin season’.

Per Martinez’s analysisA dip below the long-term rising channel of the Ethereum would sign a break available in the market construction of ETH and weigh on the Altcoin market.

“Altealth season is canceled if #etherum $ doesn’t comprise $ 2,600!”

Supply: X

Altcoin season standing

Within the final 24 hours, the Altcoin market has an additional $ 160 billion in market capitalization after falling $ 1.28 trillion to $ 1.12 trillion.

For the reason that peak of final December, the Altcoin section has misplaced greater than $ 590 billion within the midst of persistent Bearish.

Supply: Coinmarketcap

Even the ETH/BTC ratio, one of many indicators of the Altcoin momentum utilizing the efficiency of ETH because the barometer, nonetheless needed to take a decisive backside.

The ratio has fallen 68% to ranges that had been final seen 5 years in the past.

Supply: ETH/BTC -Ratio, TradingView

In distinction to the Mild Bounce ultimately of 2024, which the Altcoin pump elevated from November, the indicator didn’t see sturdy help in 2025. This might lower the expectations of Altense season.

Cryptoquant’s Ki Younger Ju nevertheless noted The addresses of these huge gamers with $ 10k-100k ETH, rose 24percentprior to now yr.

By the best way, with a value foundation of $ 2,199, the persistent restoration of ETH can depend upon worth consideration above $ 2.2k.

That stated, the Altcoin seal index was on 31, which means that it was a strong BTC season.

Supply: Blockchain Heart

As well as, the BTC -Dominance rose by greater than 2% from 60% to 62% prior to now week, which may report the outlook of Altcoin Restoration within the brief time period.

Surprisingly, some Altcoin-from-outers noticed earnings with double digits regardless of the general bearish. Story [IP]Maker [MKR]” Sei [SEI]and Berachain[BERA]belonged to the highest Weekly artists.

Within the meantime, Raydium’s Ray was the worst hit, with 46%, with additional strain from Pumpfun that his automated market maker (AMM) launched for his graduated tokens.