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If you squint hard enough, you can almost hear the faint whispers of 2021—because altcoins are stretching, flexing, and limbering up like it’s pre-pump warmup season. That’s right, whispers of "alt season" are swirling again, and the charts are looking just unhinged enough to believe it. But is this the start of a glorious run... or just another tease before Bitcoin hogs the spotlight again?
Today’s Report
ALT Season is Coming

Report
Feel that faint vibration in your pocket? It’s not your ex texting back—it’s the crypto market hinting that alt-season might finally be sliding into view. Bitcoin’s been hogging the spotlight for months, but the chorus of smaller coins is starting to warm up, and the tune sounds distinctly risk-on. Four of the ten largest tokens just sprinted past BTC in weekly performance, memecoin rockets are cluttering the leaderboard, and traditional-finance adrenaline is at a quarter-century high. We’re still shy of an official “alt-season” stamp, but the gears are clicking, the indicators are tilting, and liquidity is pooling like champagne before a bull-market toast. Get your glass ready—but maybe keep one hand on the exit.
Key Points
Top-10 insurgency: Nearly half the mega-caps broke formation and outpaced Bitcoin over the last week—altcoins aren’t just nibbling at scraps anymore.
Memes in the driver’s seat: The day’s biggest movers are meme-flavored tokens, telling you everything about current risk appetite (and the market’s collective attention span).
Season meter rising: Only 39 % of top-50 coins now trail BTC on a 90-day view—up sharply from last week’s 23 %. Cross 75 %, and the champagne corks pop.
TradFi joins the party: Institutional risk-taking is accelerating at its fastest clip in 25 years, turning what was crypto-native froth into a broader market frolic.
Macro watchlist: The ISM Manufacturing PMI is teetering at 49; a push above 50—coupled with still-swelling global liquidity—would be the green light that traders crave.
Relevance
If you’re angling for outsized gains, timing is everything. Wait for the alt-season gauge to hit a neat 75 % and you’ll mostly be someone else exit. Instead, keep one eye on the PMI’s march toward 50—historically a reliable tell that factories (and investors) are shifting from survival mode to expansion swagger. Combine that with global liquidity already flirting with record highs, and you get the classic cocktail for euphoric rallies: cheap capital chasing shiny objects. The memecoin surge is more than internet theater; it’s a litmus test for unfiltered risk hunger. But remember, this market turns on a dime—when liquidity reverses or PMI falters, yesterday’s genius can become tomorrow’s exit liquidity. Smart players will front-run the crowd into quality alts, ride the momentum, then rotate into sturdier assets before the music stops. In short: keep your dancing shoes handy, but know where the emergency exits are. Buy quality alts now and exit when everyone is screaming about them.
If you need guidance on quality alts to buy check out my ALPHA LIST
Today’s Top News
Headlines
Ether preps record short squeeze as analysis sees $4K ETH price ‘soon’ — Ether is triggering one of the largest short squeezes in crypto history, with another 10% rally poised to liquidate around $1 billion of shorts and potentially cross $4,000.
Crypto exchange Bullish files for US IPO, targets NYSE listing as ‘BLSH’ — Bullish Global has submitted an F‑1 to the SEC for a US IPO on the NYSE, seeking the ticker BLSH, signaling substantial institutional ambition and a potential catalyst for broader market legitimacy .
Ethereum Is Wall Street’s 'Preferred' Layer 1 Blockchain, Fundstrat Capital CIO Explains — Tom Lee highlights that Ethereum powers ~60% of real-world asset tokenization and projects it could climb to $15,000 by year‑end, reinforcing ETH as a dominant narrative
State of Crypto: The Industry's No Good, Very Bad Wait Actually Excellent Week — Coindesk sums up “Crypto Week” as a pivotal moment, with the GENIUS Act passed into law alongside strong ETF inflows and rising asset valuations
Market Trendline
Price Action
Crypto just hit the big time: total market cap topped $4 trillion after the GENIUS stablecoin act passed – first federal framework for stablecoins. Big institutional whales and ETFs piled in, pushing BTC above $123k before settling in the $118–120k range, and ETH cruising near $3.75k . Altcoin season whispers grow louder as Bitcoin dominance dips from ~65% to around 61%
Notable Movers
Dogecoin (DOGE): Whales scooped up ~1.08 billion DOGE over the last 48 hrs; price up ~3.5% to $0.247—chartists spot a double‑bottom breakout with next targets near $0.36.
XRP: Surged ~14% within 48 hrs, fueled by whale accumulation, fresh wallet activity (~7k new), and social media buzz—roof triangle breakout confirmed.
Injective (INJ) & Theta (THETA): Up ~11–10% today, joining a broader altcoin rally that’s seeing 20–60%+ movers like Conflux (64%) and Zora (77%).
Macro View
U.S. regulatory clarity is the story—not the Fed, not memecoins. The GENIUS Act gives stables legitimacy, unleashing Deep Pocket FOMO. Institutional flows into spot ETH/BTC ETFs aren’t a trickle; they’re a flood (nearly $1.5 b inflows this week). With BTC dominance thawing, money’s rotating into smart‑contract and meme-alts.
Bottom Line
Legislation’s greasing the wheels, inflows are real, and altcoins are stealing crypto’s spotlight. We’re not quite in full-blown euphoria yet, but complacency wouldn’t be smart either. If you’re not seeing some exposure in the breakout alts, are you even paying attention?
Today’s Top Tweet
Crypto Twitter Never Sleeps
ETH is smashing Bitcoin.
BTC.d is dying.
The great rotation is starting!
Today, I'm dropping my full alt season game plan (before alt season begins!)
Live in 1 hour 👇
— #Lady of Crypto (#@LadyofCrypto1)
3:58 PM • Jul 17, 2025
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DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.