Been watching the altcoin volume data pretty closely lately, and something's actually shifting. For most of this cycle we kept hearing about the 'rotation' that never came – Bitcoin just kept dominating while altcoins sat there. But the numbers are starting to look different now. The altcoin season index just hit 28.6, which is the kind of reading we haven't really seen consistently before. It's not just one or two big assets moving either – the volume acceleration is broad-based across the whole altcoin market excluding the top five. That's the signal that matters. What's interesting is that Ethereum's sitting on a technical setup that hasn't shown up in like nine years. If ETH actually breaks out here, it typically drags the whole altcoin ecosystem with it. The altcoin season index tends to spike when that happens. Looking at the broader altcoin market cap, we're testing the $190-200B range right now. The chart shows a potential transition from selling pressure into accumulation territory. ETH is at $2.31K currently. If the altcoin season index continues climbing and we hold above this level, we could actually be looking at the real altseason this cycle missed. Nothing's confirmed yet, but the structure is definitely more interesting than it was a few months ago.

BTC0.76%
ETH1.5%
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