šŸšØ $ALT COIN SEASON LOSING STEAM? šŸšØ

According to CoinMarketCap, the Altcoin Season Index has dropped to 24, down from 30 on June 11.

šŸ“Š What does this mean?

Only 24 out of the top 100 altcoins have outperformed Bitcoin in the last 90 days ā€” a clear signal that BTC dominance is back on the rise.

šŸ” The Altcoin Season Index helps us track whether the crypto market is favoring altcoins or sticking with Bitcoin. A score below 25 hints at Bitcoin Season, while 75+ would signal a true Altcoin Season.

šŸ§  Key Takeaway:

Altcoins are underperforming. Traders should be cautious with high-risk alts and consider shifting focus to major caps or BTC until sentiment changes.

šŸ’” Watch for signs of reversal ā€” strong alt rallies or BTC consolidation may trigger the next rotation.

#AltcoinSeason #BitcoinDominance #CryptoTrends #MarketUpdate #BinanceSquare

$ALT