Just checked the altcoin season index and it's sitting at 44 right now. For those not familiar, this basically measures whether alts are actually having their moment or if Bitcoin's still stealing the show.

The way it works is pretty straightforward - the altcoin season index looks at whether 75% of the top 100 non-stablecoin cryptos are beating Bitcoin over the last 90 days. When that happens, you know alts are genuinely outperforming. Right now at 44, we're nowhere near that threshold, so it's clearly still Bitcoin's market to lose.

Kind of makes you think about where we are in the cycle. The index is a solid way to track if the narrative's actually shifting toward altcoins or if we're just getting false hope. Interesting metric to keep an eye on if you're trying to time when alts finally have their season.