The Altcoin Season Index recently dropped to one of its lowest levels in the past two years, signaling that Bitcoin continues to dominate the crypto market.
When the index is low, it means most altcoins are underperforming Bitcoin. Currently, capital is largely flowing into
$BTC and major assets, especially after strong institutional demand through Bitcoin ETFs.
Historically, Altcoin Season usually begins after Bitcoin makes a strong move and then consolidates, allowing liquidity to rotate into smaller cryptocurrencies.
For now, the market remains in what many analysts call “Bitcoin Season.”
How to explain the chart in your post:
The Altcoin Season Index measures whether the market is in Bitcoin Season or Altcoin Season.
The index ranges from 0 to 100.
When it is above 75 → Altcoin Season (altcoins outperform Bitcoin).
When it is below 25 → Bitcoin Season (Bitcoin dominates the market).
Currently, the index is near its lowest levels in the past two years, indicating that most altcoins are underperforming Bitcoin.
Source: BlockchainCenter Altcoin Season Index
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