PANews reported on May 11 that according to Cointelegraph, analyst Mister Crypto predicts that the altcoin season is coming, and the next 3 to 6 months may be "life-changing", and suggests that a daily increase of 40% will become the new normal. Analyst 2Lambroz believes that the peak season for altcoins may have arrived, but he said that market dynamics have changed. "People want to buy, but lack confidence in any strong narrative." He pointed out that unlike 2021, there are currently no signs of retail investors entering the market. Traders' funds are turning over faster and there is little motivation to hold long-term positions. Technical trader Moustache is more optimistic. He shared a chart showing that altcoins have repeatedly experienced accumulation stages, followed by explosive growth. According to his analysis, the current structure is similar to that in 2016 and 2020. "The 2025 altcoin season has officially begun."

Yet skeptics remain. Commentator Rekt Fencer noted that most altcoins are down 90% since December. This week’s modest 10% rebound has fueled excessive optimism, prompting him to scoff at the rally.