Altcoin Season Index Update
The index has slipped back into the high-30s, which keeps the market firmly in a Bitcoin-led phase. This is not what a real altcoin season looks like. Historically, strong alt runs only show up once the index can hold above 75, while readings under 25 signal full BTC dominance.
What stands out right now is the lack of follow-through. Every attempt at rotating into alts fades quickly. Capital is still cautious and selective, not flowing broadly across the market. That usually means money sticks to liquid majors and a few strong narratives instead of lifting everything at once.
Until the index can reclaim the upper range and stay there, alt strength is likely to stay fragmented. This is a rotation market, not a green-across-the-board alt season.
DYOR – Do Your Own Research. This is not financial advice.