#altcoinseasonindexholdsabove60for5days
Altcoin Season Index Holds Above 60—but the Signal Isn’t Confirmed Yet
Altcoins are showing broader relative strength, but the market has not officially entered “altcoin season.”
The latest readings are mixed by provider. BlockchainCenter’s Top 50 index showed 59 on September 30, while other trackers reported readings in the low-to-high 60s. That means the claim that the index has remained above 60 for five straight days depends on the methodology and data source being used.blockchaincenter+2
The important threshold is 75. BlockchainCenter defines altcoin season as at least 75% of its eligible Top 50 coins outperforming Bitcoin over a rolling 90-day period. Its index remains in the neutral range of 26–74, and the last transition from Bitcoin Season to Neutral occurred on September 2.
My take: A sustained reading above 60 would indicate that market breadth is improving, but it is not proof of a broad altcoin cycle. The rally may still be concentrated in selected large-cap tokens or specific narratives. Confirmation would require the index to reach 75, Bitcoin dominance to weaken in a sustained way and performance to broaden across sectors rather than remain limited to a few leaders.
For now, traders should treat the data as an early rotation signal—not a confirmed altseason call. Which metric do you use to identify a genuine altcoin cycle?
#altcoinseason #altcoins #CryptoMarket
$BTC $NOM $AGT
Altcoin Season Index Holds Above 60—but the Signal Isn’t Confirmed Yet
Altcoins are showing broader relative strength, but the market has not officially entered “altcoin season.”
The latest readings are mixed by provider. BlockchainCenter’s Top 50 index showed 59 on September 30, while other trackers reported readings in the low-to-high 60s. That means the claim that the index has remained above 60 for five straight days depends on the methodology and data source being used.blockchaincenter+2
The important threshold is 75. BlockchainCenter defines altcoin season as at least 75% of its eligible Top 50 coins outperforming Bitcoin over a rolling 90-day period. Its index remains in the neutral range of 26–74, and the last transition from Bitcoin Season to Neutral occurred on September 2.
My take: A sustained reading above 60 would indicate that market breadth is improving, but it is not proof of a broad altcoin cycle. The rally may still be concentrated in selected large-cap tokens or specific narratives. Confirmation would require the index to reach 75, Bitcoin dominance to weaken in a sustained way and performance to broaden across sectors rather than remain limited to a few leaders.
For now, traders should treat the data as an early rotation signal—not a confirmed altseason call. Which metric do you use to identify a genuine altcoin cycle?
#altcoinseason #altcoins #CryptoMarket
$BTC $NOM $AGT
