The Alternative Currency Season Index has dropped to 18 out of 100 after exceeding 80 months ago, indicating that the market is still in a downward phase.

The index relies on the performance of the top 100 currencies by market capitalization (excluding Bitcoin), and it is one of the strongest signals of a lack of momentum.

Meanwhile, the Fear and Greed Index remains stable at 50, in the neutral zone... neither enthusiasm nor panic, which is often a moment that precedes major shifts.