Just checked the altcoin season index and it's sitting at 42 right now. For those unfamiliar, this tracks how the top 100 coins are performing against Bitcoin over a 90-day period (stablecoins and wrapped tokens excluded). The way CoinMarketCap defines it, you need 75% of those coins beating Bitcoin to actually call it an altcoin season. So at 42, we're nowhere close to that threshold yet. Basically means alts are still underperforming compared to BTC dominance. Could shift pretty quickly if we see a strong altcoin rally, but for now the altcoin season index is telling us the market's still in Bitcoin's grip. Worth monitoring if you're trying to time your alt positions.

BTC0.6%
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