Despite growing anticipation for an altcoin season, analysts remain divided on its timing and viability.

While some draw parallels between current market patterns and historical trends, suggesting an imminent altcoin rally, others caution against premature optimism, citing the need for Bitcoin (CRYPTO:BTC) dominance to drop below 50%.

Although figures like Michaƫl van de Poppe express bullish sentiments, recent setbacks in Ethereum (CRYPTO:ETH) and broader losses across altcoins indicate ongoing bearish sentiment.

The upcoming Federal Reserve rate decision further complicates the outlook, potentially amplifying market volatility and delaying significant gains for altcoins.