📈 Ongoing bull run, altseason on the radar
Strengths (bullish)
• Market cap ≈ 4.1 T$ ; BTC dominance ~57–59% and declining → classic sign of rotation towards alts.  
• Record inflows on BTC & ETH ETFs → institutional liquidity supporting the trend.  
• ETH regains ground (ETF + improvement in ETH/BTC ratio) → often step 2 before the real altseason.  
Weaknesses (to watch)
• The Altcoin Season Index remains below the 75 threshold → not yet a “full and complete” altseason.  
• The market remains data-dependent (Fed, macro). Rotations could abort if risk tightens. 
Altseason — where do we stand?
• Historically, altseason is confirmed when:
1) BTC dominance declines for several weeks,
2) ETH/BTC breaks upwards,
3) the Altseason Index > 75 sustainably.
Currently: declining dominance, strengthening ETH/BTC, Index < 75 → pre-altseason phase / early rotation.   
Probable window (scenario)
• If BTC dominance continues to slide and ETH/BTC confirms, plausible altseason window: late Sept. → Oct. 2025 (4–10 weeks).
$
👉 This aligns with institutional notes (emerging rotation) and popular “cycle” models placing the core of the alt wave in fall 2025. (Estimation, not a certainty.)  
Checklist to follow (simple & concrete)
• BTC.D (dominance): confirmed downward trend? 
• ETH/BTC: breakout and maintaining above key levels? 
• Altseason Index: does it stay > 75 for at least 2 weeks? 
• ETH ETF flows: do they remain massive? 
⸻
💬 Bull run intact, rotation towards alts is taking shape. We’re not “fully in” until the Altseason Index crosses above 75, but the late Q3–early Q4 2025 window becomes credible if the signals remain green.  
If this brief helped you, you can leave a tip 🙏
