#AltcoinSeasonLoading Altcoin season loading refers to a period when alternative cryptocurrencies (altcoins) are expected to outperform Bitcoin. Currently, it's not altcoin season yet, according to various indicators.

*Altcoin Season Index Readings:*

- *Blockchaincenter*: The Altcoin Season Index is at 35, indicating it's still Bitcoin season. For it to be considered altcoin season, 75% of the top 50 coins would need to perform better than Bitcoin over the last 90 days.

- *CoinMarketCap*: The CMC Altcoin Season Index is around 29-32, according to recent reports, signaling Bitcoin dominance.

- *CoinGlass*: No current reading available.

*Why It's Not Altcoin Season:*

- Bitcoin dominance is high, above 60%, indicating investors favor Bitcoin over altcoins.

- Less than 20-30% of altcoins have outperformed Bitcoin over the past 90 days.

- Market sentiment is still focused on Bitcoin, with some altcoins showing mild recovery but not enough to trigger a broader market shift ¹ ² ³.

*Predictions and Insights:*

- Analyst Michael van de Poppe predicts a potential 76% surge in altcoins in the coming months, citing historical patterns and favorable macro environment.

- Some analysts see similarities between current market conditions and the 2021 altcoin rally, which could indicate a potential breakout for altcoins ² ⁴.