Altcoin Season Index dips to 26: Is Bitcoin dominance fading, or just pausing?
The post Altcoin Season Index dips to 26: Is Bitcoin dominance fading, or just pausing? appeared on BitcoinEthereumNews.com.
The Altcoin Season Index fell to 26, showing Bitcoin dominance but leaving room for a future alt pivot. A sustained move toward $270B in market cap is key to validating the alt season breakout structure. The overall cryptocurrency markets saw a slight rebound, but it was altcoins — not Bitcoin [BTC] — that led the charge. Naturally, this sparked speculation of a potential sell-off. However, the data painted a different picture. Muted exchange inflows signal calm amid volatility While price swings intensified, the Exchange Inflow Transaction Count for altcoins remained subdued. On major platforms like Binance, Coinbase, OKX, and Bybit, inflows barely crossed 30,000—well below the 100,000+ peaks seen during past corrections in March and December 2024. This was unlike the past, where altcoin sell-offs were seen before big corrections. The flat inflow pattern represented a change in the behavior of the traders, possibly into decentralized exchanges (DEXs) and stablecoin swaps into USDC and USDT. Source: Julio Moreno/X It’s quiet… Too quiet However, when the data only considers the centralized exchanges, it can be misrepresentative of the entire market activity. The quiet inflow was an indication that holders were not scrambling to sell positions yet. This indicated fewer panics and a potential longer-term buying. With the uncertainty from geopolitical tensions, the Fear and Greed Index at 52 indicated that sentiment had reset to neutral following the severe flush that took most cryptos in the red. This was an indication that panic was subsiding, and clean-up efforts were being done. Source: CoinMarketCap The neutral level was neither an indication of excessive greed nor fear but rather a sign of cautious optimism. The recent volatility and liquidation-driven declines led to a reset of the markets. Can the altcoin season index flip? A look into the Altcoin Season Index showed the metric declined…
Filed under: News - @ June 15, 2025 1:05 am