Recently, the altcoin season index has turned downward, having rebounded to 43 previously, and now it has dropped to 24.

This means that right now, it’s a situation where "Bitcoin is the father, and altcoins are the grandsons." When this index is high, it indicates that altcoins are rising faster than Bitcoin; when it’s low, it suggests that people’s money has flowed back into Bitcoin.

Last December, this index peaked at 87, and it was quite lively then, with altcoins flying all over the place; but now, back to reality, investors are becoming cautious.

However, not all altcoins are underperforming. In the past 90 days, among the top 100 projects by market capitalization, there are still 24 coins that have outperformed BTC, such as FARTCOIN, FORM, IP, VIRTUAL, BRETT...

You may not have heard of these coins, but what does it indicate? The market is differentiating, with some coins quietly taking off while others are playing dead.

So don’t assume that just because BTC is rising, altcoins can also surge wildly. Right now, it’s a BTC-dominated market. Altcoins need to be evaluated based on "theme + popularity + funding" to ensure they keep up; blindly going all in can easily lead to losses. Wait for the altcoin index to rise again, for example, back above 50, which may signal the "real start of altcoin season."

At this stage, either position yourself with strong logical new coins (like those in AI, L2, GameFi), or just sit back and watch BTC perform, without making hasty moves. Don’t get itchy fingers; don’t rush in. Choosing altcoins should be done carefully, and lying flat and waiting for the right opportunity is also one strategy.

When the "altcoin spring" truly arrives, you might be able to make money even with your eyes closed. But for now, one must remain vigilant.