๐จ Breaking: Altcoin Season Index Reaches 32, But Only 7 Coins Among Top 100 Are Green in 90 Days!
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โ๏ธ New Development:
โ Altcoin Season Index rises again to 32, signaling a possible start of altcoin rally
โ However, only 7 coins among the top 100 (by market cap) show gains in the past 90 days
โ Data from Blockchain Center reveals divergence, with Bitcoin still dominating at 55% market share
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๐ก Context:
โ The index measures altcoin strength versus Bitcoin; a reading above 75 indicates a full "alt season," while 32 suggests a transitional phase
โ The overall crypto market exceeds $3 trillion, but regulatory pressure and volatility are limiting broad recovery
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โก Why It Matters:
โ The index rebound signals opportunities in altcoins like Ethereum and Solana, fueling diversification in DeFi and NFTs
โ The limited green coins reflect caution, but could indicate a coming rebound if Bitcoin remains stable above $90,000
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โWill 32 evolve into a real alt season, or remain limited, and which coins deserve attention in DeFi?
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