Just checked the Altcoin Season Index and it dropped to 37 today, down 2 points from yesterday. Been tracking this metric for a while now - it basically shows how the top 100 alts are doing against Bitcoin over the last 90 days, filtering out stablecoins and wrapped tokens. Pretty clear signal that we're not really in a strong altcoin season right now. Bitcoin's been outperforming most alts lately, which usually means less capital flowing into smaller coins. When the index gets this low, it's typically a heads up that altcoin season might still be a ways off. Worth keeping an eye on if you're heavy in alts though - these shifts can move pretty quick once sentiment changes.

BTC0.13%
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