Altcoin markets are flashing early signs of a breakout, with several analysts calling for a potential surge over the next few months.Crypto commentator Mister Crypto predicts the next 3 to 6 months could be “life-changing,” suggesting daily gains of up to 40% may soon become the norm.In a May 11 post on X, he pointed to a chart from BlockchainCenter.net that shows whether the crypto market favors Bitcoin (BTC) or altcoins.When the index is below 25, it’s considered “Bitcoin Season,” meaning Bitcoin is outperforming most altcoins. When it’s above 75, it’s “Altcoin Season,” meaning altcoins are doing better than Bitcoin.Currently, the chart shows a breakout from a downward trend just below the 29 mark, suggesting a possible shift away from Bitcoin dominance. This breakout hints that altcoins may start gaining momentum, potentially entering a period where they outperform Bitcoin.Source: Mister CryptoRelated: Chance of Bitcoin price highs above $110K in May increasing — Here’s whyThis Altseason may be differentOthers see the rally but warn it’s not the same as previous cycles. Analyst 2Lambroz agrees that the altseason may have arrived but says the dynamics have changed.“People want to bid but lack belief in any strong narrative,” he wrote on X. He noted that unlike 2021, there’s no sign of retail investors entering the market. Traders are rotating capital faster, with little incentive to hold long-term positions.Technical trader Moustache offered a more optimistic view. He shared a chart showing repeating altcoin accumulation phases followed by explosive growth. According to him, the current structure mirrors those of 2016 and 2020. “Altseason 2025 has officially begun,” he said.However, skeptics remain. Commentator Rekt Fencer pointed out that most altcoins have been down 90% since December. A modest 10% bounce this week sparked exaggerated optimism, prompting him to mock the rally. “This is the ALTSEASON we’ve all been waiting for,” he joked.Source: Rekt FencerRelated: Bitcoin ‘more likely’ to hit $110K before $76.5K — Arthur HayesCrypto market rallies on global optimismCrypto markets started the weekend with strong bullish momentum, driven by renewed investor confidence. Bitcoin surged to $104,900, just 4% below its all-time high after President Donald Trump announced positive developments in US-China trade talks.The rally extended beyond Bitcoin, with Ether (ETH) posting one of its best daily performances in weeks. Memecoins also rebounded sharply, signaling renewed risk appetite across the broader altcoin market.“Crypto rallied on a wave of global optimism,” Hank Huang, CEO of Kronos Research, told Cointelegraph. “Ceasefire talks between India and Pakistan eased regional tensions, while news on U.S.-China trade tariffs signaled renewed cooperation between major economies.”Huang added that Ether’s strong rally added fuel, lifting altcoins across the board. “Bitcoin surged to $105K as investors returned to risk assets, clarity replaced uncertainty,” he noted.Magazine: Bitcoin eyes ‘crazy numbers,’ JD Vance set for Bitcoin talk: Hodler’s Digest, May 4 – 10