Lead
The Altcoin Season Index currently stands at 39, indicating it is not altcoin season and that Bitcoin has outperformed most major altcoins over the past 90 days. The dashboard explicitly states, "It is not Altcoin Season!" and highlights mixed performance across the top 50 cryptocurrencies.
Key Developments
- Altcoin Season Index: 39
- Dashboard messaging: "It is not Altcoin Season!"
- Performance analysis spans the last 90 days, comparing top-50 altcoins against Bitcoin
- Visualizations include a line chart of the index over time and bar charts of top-50 asset performance
What the Index Measures
The Altcoin Season Index is a widely followed metric that compares how many of the top 50 altcoins have outperformed Bitcoin over a rolling 90-day period. A lower reading suggests Bitcoin is leading the market, while a higher reading indicates broad-based altcoin outperformance.
At 39, the index reflects that fewer altcoins have beaten Bitcoin recently, aligning with periods of higher Bitcoin dominance and more selective altcoin gains. The dashboard also features contextual elements such as cycle trackers for bull and bear phases and references to different season windows (e.g., monthly, yearly), helping traders gauge rotation patterns over time.
Market Context and Implications
- A sub-50 reading typically signals that altcoins, on balance, have underperformed Bitcoin in the last quarter.
- Traders often monitor this index for signs of market rotation—rising readings can precede broader altcoin rallies, while falling readings may point to continued BTC leadership.
- The inclusion of 90-day performance bars for top-50 assets shows dispersion within altcoins, underscoring that even outside of a clear altcoin season, select tokens can still outperform.
For reference and regular updates, see the Altcoin Season Index.
Conclusion
With the Altcoin Season Index at 39, current conditions favor Bitcoin over most altcoins on a 90-day basis. Market participants are watching for sustained shifts in the index to confirm any broader rotation into altcoins in the weeks ahead.