**Crypto Market Update: Altcoins Gaining Momentum**

Altcoins are showing strength following Bitcoin's recent recovery, sparking talks of an impending altcoin season. ParabolicPump, co-founder of Crypto Capital, noted a bullish trend for many altcoins in a recent post.

Trader 360Trader highlighted that TOTAL3, which tracks the crypto market excluding BTC and ETH, is testing a crucial resistance level. A decisive break could signal a bearish turn for Bitcoin dominance, currently at 57.39%.

Analyst Nebraskangooner observed a potential top in Bitcoin dominance at 58.61%, suggesting a shift towards altcoins. Meanwhile, Moustache pointed out that TOTAL2, the altcoin market cap excluding BTC, is breaking out of a six-month downtrend.

Despite these positive signs, the Blockchain Center's Altcoin Season Index shows only 39% of top altcoins outperforming Bitcoin, indicating it's not yet altcoin season. Stay tuned for more updates as the market evolves.