August pain could lead to a rise in altcoin season!

History shows that August's pain leads to a rise in altcoin season—will this happen again? August is known for turbulent altcoin markets, often experiencing dips followed by strong rebounds. This year, altcoins have dipped again, leading people to naturally wonder if another major breakout is imminent. By boldly predicting Ethereum's [ETH] rise and its typical role in leading altcoins higher, we may be on the verge of history repeating itself.

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Every August, altcoins seem to follow a familiar script—sharp pullbacks followed by explosive rebounds. As AshCrypto pointed out on X, altcoin market capitalization plummeted by 28% and 40% in 2023 and 2024, respectively, but then surged by over 140% in the following months. By 2025, altcoin prices have fallen 13% from their peak and may drop another 8-10% before hitting the bottom. If past patterns hold, this dip may just be a setup for yet another altcoin season breakout... investors will be watching closely.

Ethereum shows potential for an altcoin season.
Just days after predicting Ethereum would hit $8,000, Eric Trump returned to X with a bold 'buy the dip' sign; this time he simultaneously tagged Bitcoin [BTC] and ETH. While recognition is not uncommon, Ethereum's role as a pioneer of altseason makes this more than just noise. The altcoin season index has risen to 45, steadily approaching the 75 mark that typically defines a mature altcoin season.

Meanwhile, Bitcoin's [BTC.D] dominance has fallen from over 65% in July to around 62%; this indicates that capital is slowly shifting from BTC to altcoins. If BTC's dominance continues to decline while ETH remains strong or rises, it could trigger a broader altcoin surge. Eric Trump's call is part of a sentiment that has already formed in the charts: altcoins may be preparing for the next breakout.