CMC Altcoin Season Index Stands at 27, Reflecting a Weakening Altcoin Trend
A CMC (CoinMarketCap) Altcoin Season Index of 27 suggests that altcoins are currently underperforming compared to Bitcoin, indicating that we're not in an "altcoin season."
Here's what this index level typically implies:
Below 25: Strong Bitcoin season (BTC outperforming most altcoins).
Between 25–75: Neutral or transitioning market.
Above 75: Altcoin season (most altcoins outperforming BTC).
With the index at 27, we're just above the "Bitcoin season" threshold, suggesting a weakening altcoin trend and relative strength in Bitcoin dominance. This often occurs when market uncertainty leads investors to seek safety in BTC rather than riskier altcoins.
Would you like insights on what this means for altcoin investing strategies right now?