Altseason odds – What next after latest round of crypto liquidations?
Altcoins OI explode amid market pullback – Recipe for disaster?
Altcoin Open Interest hit $61.7 billion as the Altcoin Season Index hit 61 – Its first test since early 2025. And yet, fading rotational flows raised doubts about whether this breakout signals a lasting altseason or not.
In less than 72 hours, the crypto market shed nearly $20 billion, with #Bitcoin [BTC] alone losing roughly $10 billion and showing that this cycle is still very much “BTC-led.”
Backing this, Bitcoin dominance [BTC.D] slipped to multi-month lows at 57%, while TOTAL2 (ex-BTC cap) fell in tandem. All in all, rotational flows remained flat, reinforcing a risk-off market.
