#Altcoin Season Index Hits 24 The Altcoin Season Index has dropped to 24, signaling a "Bitcoin Season" in the crypto market. This means Bitcoin is outperforming most altcoins, with only a small fraction (less than 25%) of top altcoins managing to post better returns over the last 90 days.

*What does this mean for investors?*

- *Focus on Bitcoin*: Some investors may choose to increase their allocation to Bitcoin, betting on its continued relative strength.
- *Selective Altcoin Investing*: Investors might focus on high-conviction altcoins with strong fundamentals or upcoming catalysts that could allow them to perform independently of the general market trend.
- *Risk Management*: It's essential to be cautious with leverage on altcoins and potentially take profits on altcoins that have seen recent pumps.

*Market Implications*

- *Reduced Altcoin Profitability*: It's generally harder to make significant gains on altcoins when Bitcoin is the primary driver of market momentum.
- *Increased Risk for Altcoin Holders*: Altcoins can be more susceptible to sharp downturns, especially if Bitcoin experiences a correction ¹.