As of May 20, 2025, the Altcoin Season Index published by CoinMarketCap is at 24, indicating that the current market is still in the Bitcoin Season phase, meaning Bitcoin is dominating over altcoins.
📊 Explanation of the Altcoin Season Index
Altcoin Season: When 75% of the top 50 altcoins perform better than Bitcoin over the past 90 days, the index reaches 75 or higher.
Bitcoin Season: When 25% or fewer of the top 50 altcoins outperform Bitcoin, the index is at 25 or lower.
Neutral market: The index is between 26 and 74, indicating no clear dominance between Bitcoin and altcoins.
With the current index at 24, the market is still in the Bitcoin Season phase, meaning Bitcoin is leading the market and altcoins have not shown outstanding growth.
🔍 Current situation and prospects
Although Bitcoin has surpassed the $111,000 mark, altcoins have not yet shown a clear breakthrough. However, some signs indicate that the possibility of Altcoin Season may come in the near future:
Decrease in Bitcoin's dominance: Bitcoin's dominance has dropped to 63.89%, indicating that capital may be gradually shifting towards altcoins.
Strong performance of some major altcoins: Ethereum (ETH) has increased by nearly 13%, and major altcoins like Solana (SOL), Dogecoin (DOGE), and Cardano (ADA) have all risen by over 6%.
✅ Conclusion
Currently, the market is still in the Bitcoin Season phase, but signs such as the decrease in Bitcoin's dominance and the growth of some major altcoins indicate that Altcoin Season may be approaching. Investors should closely monitor market indicators and trends to make reasonable investment decisions.