Just checked the Altcoin Season Index and it's sitting at 37 right now. For those not familiar, this tracks how the top 100 alts perform against Bitcoin over 90 days. When it hits above 75, that's when you typically see a real altcoin season kick off. Right now? We're nowhere near that. The index is basically telling us that Bitcoin dominance is still very much in play - alts aren't really moving the needle compared to BTC. So yeah, Bitcoin's still in control of the narrative. Don't expect to see major altcoin moves until this index starts climbing significantly. btc dominance remains the story for now.

BTC0.44%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin