The Altcoin Season Index reads 43, indicating neutral market conditions with no clear dominance by either altcoins or Bitcoin. The reading suggests mixed performance among major altcoins relative to Bitcoin over the recent period.
The Altcoin Season Index, popularized by BlockchainCenter, tracks how many of the top cryptocurrencies have outperformed Bitcoin over the last 90 days. Its thresholds are commonly interpreted as:
- Above 75: Altcoin season (most large-cap altcoins outperform Bitcoin)
- Below 25: Bitcoin season (Bitcoin outperforms most large-cap altcoins)
- Between 25 and 75: Neutral or mixed conditions
At 43, the index points to a balanced, range-bound environment where leadership rotates and dispersion is high. Investors often view such readings as a signal to be selective rather than to expect broad-based outperformance from either altcoins or Bitcoin. While the index provides a helpful snapshot of market rotation, it should be considered alongside other indicators, liquidity conditions, and macro sentiment.
A decisive move toward 75 could indicate a stronger broad-based altcoin rally, while a drop toward 25 would suggest renewed Bitcoin leadership. Traders may monitor shifts in the index in tandem with price action, volatility, and Bitcoin dominance to gauge the next directional trend.