Potential Onset of Altcoin Season 🤝
The index is currently at its lower bound, historically indicating periods when Bitcoin leads the market.
Conversely, the upper zone of the index typically signals altcoin dominance — the hallmark of an altseason.
At present, we are observing a structural formation that closely mirrors previous bottoms. In all past three instances, such setups preceded significant altcoin rallies.
If history repeats, a shift toward altcoin outperformance may be imminent.