Yeah, $ETH recent price action has been pretty weak—if it’s losing key support levels or showing bearish momentum, that often signals broader weakness across the altcoin market too. When ETH underperforms or enters a downtrend, altcoins usually suffer more, since ETH tends to lead the altseason narrative.

A few things to watch for

  • ETH/BTC pair: If ETH is bleeding against BTC, it’s usually a strong sign altseason is off.

  • Liquidity flow: If money is moving back into BTC or stablecoins, alts get hit hardest.

  • Macro conditions: Any negative sentiment (e.g. Fed policy, regulatory FUD, etc.) can kill momentum.

  • Narrative shift: If the market isn’t excited about a sector (DeFi, L2s, meme coins), alts stall.

Altseason isn’t completely off the table forever, but for now? Might be time to play defense or pivot strategies. Want to dig into charts or look at safer setups?