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Just checked the altcoin season index and it's sitting at 44 right now, which basically means we're nowhere near altcoin season yet. For those not familiar with how this works, the altcoin season index measures whether altcoins are actually beating Bitcoin - specifically, it triggers when 75% of the top 100 altcoins (excluding stablecoins and wrapped tokens) outperform BTC over the past 90 days.
So right now at 44, that tells you Bitcoin is still the dominant performer. It's a useful metric to keep an eye on if you're trying to figure out when the market might rotate into alts. When this index finally climbs toward that 75% threshold, that's when you'd typically see more volume flowing into smaller cap projects. For now though, it seems like BTC is still holding the attention. Worth monitoring if you're waiting for an actual altcoin season to develop.