Has momentum started to shift to altcoins?
The Altcoin Season Index keeps its level at 60+ for five consecutive days, indicating improved performance of altcoins compared to Bitcoin.
However, the signal has not yet turned into a confirmed Altcoin Season, as the index needs to break above 75 according to its methodology.
Sustaining the index above 60, along with improved altcoin performance, could be an important sign that market activity is expanding beyond BTC.
Are we witnessing the beginning of a new phase for altcoins?
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