Just checked the altcoin season index and it's sitting at 38 right now. For those not familiar, this tracks how the top 100 cryptos (minus stablecoins and wrapped tokens) are doing compared to Bitcoin over the last 90 days. The lower the number, the more Bitcoin is winning against the rest of the market. So yeah, when the altcoin season index is this low, it basically means most alts are underperforming Bitcoin pretty heavily. Not exactly the vibe you want if you're holding a diversified altcoin portfolio. The altcoin season index is a useful metric to keep an eye on if you're trying to figure out which assets are actually gaining momentum. Right now though, it's telling us Bitcoin is still the main story.

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