Altseason is getting closer… but we’re not there yet.
The CMC Altcoin Season Index has climbed to 61/100, its highest level of the year.
That sounds exciting, but remember: 75 is the level needed to officially enter Altcoin Season.
What makes this interesting is that altcoins are clearly gaining strength:
• Altcoin market cap is back around $1.19T
• BTC dominance is struggling around the 60% area
• Glassnode’s Altcoin Cycle Signal is already showing an “altseason” reading
So the market is improving, but confirmation is still missing.
For me, the important question isn’t “Has altseason started?”
It’s
Are we seeing a real rotation into altcoins, or are alts simply moving higher with the overall crypto market?
That difference could matter a lot.
What are you watching right now?
#VitalikWarnsAICouldWeakenCryptographySecurity #FedMinutesFocusOnOctoberPause #FrenchHillUrgesCLARITYActPassageInLameDuck
The CMC Altcoin Season Index has climbed to 61/100, its highest level of the year.
That sounds exciting, but remember: 75 is the level needed to officially enter Altcoin Season.
What makes this interesting is that altcoins are clearly gaining strength:
• Altcoin market cap is back around $1.19T
• BTC dominance is struggling around the 60% area
• Glassnode’s Altcoin Cycle Signal is already showing an “altseason” reading
So the market is improving, but confirmation is still missing.
For me, the important question isn’t “Has altseason started?”
It’s
Are we seeing a real rotation into altcoins, or are alts simply moving higher with the overall crypto market?
That difference could matter a lot.
What are you watching right now?
#VitalikWarnsAICouldWeakenCryptographySecurity #FedMinutesFocusOnOctoberPause #FrenchHillUrgesCLARITYActPassageInLameDuck