Altcoins Spark First Bullish Candle in 5.8 Years-February May Surprise

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For ages they’ve looked more like a distressed handbag than a serious investment, but altcoins may finally be giving us the first genuine hint of recovery. A rare bullish candle has appeared on the ALT/BTC chart for the first time in 5.8 years.

This isn’t a mere flutter; historically, such signals have signposted the opening act of big altcoin-season rallies-the sort that make your portfolio feel like a rom-com montage and your friends pretend they’re not frantically refreshing their screens.

ALT/BTC Chart Flashes Major Bullish Breakout

The fashionable crypto oracle Ash Crypto says altcoins have printed their first strong bullish candle against Bitcoin in 5.8 years. A proper shift, given altcoins have been sliding since their 2021 peak-think of it as shedding last season’s clingy jumper.

Yet the ALT/BTC chart bears a stubborn resistance line that has pushed altcoins lower for years. Now, altcoins are testing this level again while holding support, as if to say, “We’re not quitting the party yet.” Perhaps the downtrend is ending, or at least taking a clever detour to the wine bar.

Meanwhile, the MACD indicator has stayed green for two months and even delivered a bullish crossover. It’s the sort of whisper from the market that says selling pressure is fading and buyers are wandering back into the scene, possibly with better shoes.

Historically, these signals usually appear at the early chapters of an altcoin-season romance, not the finale.

Altcoin Season Index Shows Market Is Still Early

Another tell is the Altcoin Season Index, hovering around 51. The market is waking up, but it hasn’t declared a full-blown altcoin season yet-just enough flirtation to make a girl hopeful for a roundup of shiny coins and questionable decision-making.

In bear markets like 2018 and 2022, the index slipped below 25 and even reached 5, signaling fear and heavy selling. In bull runs, it climbed to 95 in 2017 and 85 in 2021. The move back to 51 suggests altcoins may be regaining their swagger, a little less Caroline Daly and a little more Carrie Bradshaw of the crypto world.

February Monthly Close Could Confirm Altcoin Rally

The February close is the crucial plot twist. If February ends green, it could confirm that altcoins are entering a new growth phase, and maybe the dating profile of the market is about to update.

The last time this bullish signal appeared, the altcoin market saw explosive growth. Altcoin market cap expanded by nearly 1,000% to 1,500% during the following cycle.

Many top altcoins delivered gains of 10x to 100x as capital moved away from Bitcoin into smaller assets, which sounds like a very coordinated group chat of fortune-tellers.

If this trend continues, it could mark the beginning of a new altcoin season-and perhaps a sunnier chapter for those of us who are still cheering from the sidelines.

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2026-02-19 14:30