I noticed that the altcoin season index from CoinMarketCap is still holding at 38 — it was exactly the same yesterday. It seems the altcoin market is not rushing into sharp movements. For those who are not aware: this index tracks how the top 100 crypto assets (excluding stablecoins and wrapped tokens) perform against Bitcoin over the past three months. If the altcoin season index is rising — it means altcoins are outperforming BTC; if it’s falling — Bitcoin is dominating. Currently, stability at the level of 38 indicates that there is no clear altcoin season yet. Bitcoin still sets the tone for the market.

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