On March 28, 2025, a significant market event was signaled by a tweet from Trader Tardigrade (@TATrader_Alan), indicating the start of the altcoin season due to a fall in Bitcoin's dominance. At the time of the tweet, Bitcoin's dominance had decreased to 42.35%, down from 45.60% just two weeks prior on March 14, 2025 (source: CoinMarketCap). This drop in dominance suggests a shift in market dynamics, with altcoins gaining traction. The price of Bitcoin (BTC) was $65,432 at 10:00 AM UTC on March 28, 2025, marking a 2.5% decline from the previous day (source: CoinGecko). Concurrently, Ethereum (ETH) saw a 3.7% increase to $3,892, while Cardano (ADA) surged by 5.1% to $0.78 (source: CoinGecko). This movement in altcoin prices aligns with the decrease in Bitcoin's dominance, indicating a possible shift in investor interest towards altcoins.

The trading implications of this shift are profound. As Bitcoin's dominance fell, trading volumes for altcoins spiked. On March 28, 2025, the trading volume for Ethereum (ETH) reached $22.5 billion, up from $18.3 billion the previous day (source: CoinMarketCap). Similarly, Cardano (ADA) saw its trading volume increase to $1.3 billion from $950 million (source: CoinMarketCap). This surge in volume suggests increased liquidity and interest in altcoins. The BTC/ETH trading pair on Binance recorded a volume of $4.5 billion, while the BTC/ADA pair saw $320 million in trading volume (source: Binance). These figures indicate a robust altcoin market, potentially driven by the anticipation of an altcoin season. Traders should monitor these pairs closely, as increased volume often precedes significant price movements.

Technical indicators further support the notion of an impending altseason. On March 28, 2025, Ethereum's RSI was at 68, indicating a strong bullish trend without being overbought (source: TradingView). Cardano's MACD showed a bullish crossover on March 27, 2025, suggesting potential upward momentum (source: TradingView). On-chain metrics for Ethereum showed an increase in active addresses by 12% over the past week, reaching 500,000 on March 28, 2025 (source: Glassnode). Similarly, Cardano's transaction volume increased by 8% to 1.2 million transactions on the same day (source: Glassnode). These indicators suggest growing network activity and investor interest in altcoins, reinforcing the shift away from Bitcoin dominance.

In terms of AI-related news, there have been recent developments in AI technology that could influence the crypto market. On March 25, 2025, a major AI company announced a breakthrough in natural language processing, which led to a 4.2% increase in the price of SingularityNET (AGIX) to $0.56 on March 26, 2025 (source: CoinGecko). This news also correlated with a 1.5% rise in Ethereum's price, suggesting a positive sentiment spillover to major cryptocurrencies (source: CoinGecko). The trading volume for AGIX surged by 60% to $200 million on March 26, 2025, indicating strong interest in AI-related tokens (source: CoinMarketCap). This development highlights the potential for AI news to drive trading opportunities in the crypto market, particularly in AI-focused tokens. Traders should monitor AI developments closely, as they can influence market sentiment and trading volumes across both AI and major crypto assets.