Altcoin markets in India are showing early signs of a breakout, with analysts predicting a potential surge in the coming months. Mister Crypto anticipates significant gains of up to 40% on a daily basis, which could become the new normal. According to a recent post by Mister Crypto on X, a chart from BlockchainCenter.net indicates whether the market favors Bitcoin (BTC) or altcoins. When the index is below 25, it’s considered “Bitcoin Season,” indicating Bitcoin’s outperformance. Conversely, when it’s above 75, it’s “Altcoin Season,” suggesting that altcoins are performing better than Bitcoin. The current data reflects a breakout just below the 29 mark, hinting at a possible shift away from Bitcoin dominance and signaling potential momentum for altcoins. Analysts have varying opinions on the current altseason, with some highlighting changes in market dynamics compared to previous cycles. While some believe that the altseason has officially begun, others caution about the lack of strong narratives and retail investor participation. Despite a modest bounce in altcoins, skeptics remain wary of exaggerated optimism. The recent crypto market rally in India has been attributed to global optimism, with Bitcoin nearing its all-time high and Ether posting strong daily performances. This positive momentum was fueled by President Trump’s announcement of progress in US-China trade talks, leading to increased investor confidence. Additionally, the ceasefire talks between India and Pakistan and indications of renewed cooperation between major economies contributed to the rally. The surge in Ether prices further boosted altcoins, with a resurgence in risk appetite seen across the broader altcoin market. Hank Huang, CEO of Kronos Research, noted that clarity and a return to risk assets have driven the recent market rally. The overall sentiment in the crypto market remains positive, with expectations of continued growth and momentum in the coming months.