65% altcoin volume—but is this really altseason?
I checked the latest CryptoQuant-reported data: altcoins reached 65% of Binance trading volume, while Bitcoin held 21% and Ether 13.6%.
The surprising part? The Altcoin Season Index was still only 37—far below the 75 level usually used for broad confirmation.
High volume shows activity. It does not automatically prove fresh capital or widespread strength.
What is this market showing?
1. Real altcoin rotation
2. Leverage and speculation
3. Market-maker turnover
4. Strength in only a few coins
Market discussion only. Not financial advice.
#Altcoins #CryptoMarket #defi #Trading
I checked the latest CryptoQuant-reported data: altcoins reached 65% of Binance trading volume, while Bitcoin held 21% and Ether 13.6%.
The surprising part? The Altcoin Season Index was still only 37—far below the 75 level usually used for broad confirmation.
High volume shows activity. It does not automatically prove fresh capital or widespread strength.
What is this market showing?
1. Real altcoin rotation
2. Leverage and speculation
3. Market-maker turnover
4. Strength in only a few coins
Market discussion only. Not financial advice.
#Altcoins #CryptoMarket #defi #Trading