đż Altcoin Season Index Shows Early Signs of Recovery in Crypto Market
The Altcoin Season Index, a 0â100 gauge tracking how many top altcoins beat Bitcoin over the past 90 days, is showing tentative signs of lifeâthough weâre still firmly in "Bitcoin Season."
đ Key Data Points
CoinMarketCapâs Index is currently reading around 36, up from a low of 15 in late June .
Coin World reports a rise from 25 to 32 by mid-July .
Blockchain Center also notes modest gainsâalt-month at 39; alt-year still dominated by Bitcoin .
đ§ Interpretation
Still in Bitcoin Season: Bitcoin retains dominance; fewer than one-third of top altcoins outpace it .
Early signs of rotation: Index rebound from Juneâs lows suggests increasing altcoin action.
đ Technical Outlook
Analysts point to a âdouble fakeoutâ chart pattern, mirroring setups seen just before the explosive altcoin surge of 2021 .
CoinTribune highlights a recovery from 11 to 27 and growing capitalization in altcoins (TotalâŻ2 index +35% since April), hinting at accumulation .
âł Whatâs Next?
1. Federal Reserve policy: Any interest rate cuts expected later this summer could unlock liquidity and fuel altcoin inflows .
2. Threshold to watch: A sustained move past 75 on the index would officially declare âAltcoin Seasonâ .
3. Watchlist sectors: DeFi, AI, Layerâ2 platforms, RWA, meme coinsâall could lead if the shift continues .
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đŻ Bottom Line
While Bitcoin still leads, the Altcoin Season Index is clearly rebounding from its summer lowsâa sign that altcoins are quietly gaining momentum. With macro support and seasonal patterns aligning, we could see traders shift toward altcoins in the coming weeks. But until the index surpasses 75, keep in mind weâre still in Bitcoinâs territory.
