Just checked the altcoin season index and it's sitting at 42 right now. For those not familiar, this tracks how the top 100 coins are performing against Bitcoin over the last 90 days. They exclude stablecoins and wrapped tokens from the calculation, so it's a pretty clean measure. The altcoin season index basically tells you when alts are having their moment—technically that kicks in when 75% of these coins beat Bitcoin. At 42, we're nowhere near that threshold yet. So yeah, still very much a Bitcoin-dominated market. The altcoin season hasn't arrived, which means if you're holding alts, patience is the name of the game right now. Not saying it won't happen, but the data is pretty clear on where we stand.

BTC-0.04%
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