Altcoins Outperform Bitcoin as Index Hits 65 Pointing to Season Soon

  • Altcoin Season Index at 65, nearing the 75 threshold that defines the altcoin season
  • Bitcoin dominance declines, suggesting altcoin strength similar to 2017 and 2021
  • CoinGlass data confirms altcoins are outperforming Bitcoin over the last 90 days

The Altcoin Season Index has reached 65, nearing the 75 threshold that traditionally defines the start of altcoin season. The index is based on a 90-day performance comparison between altcoins and Bitcoin. If 75% of the top 50 altcoins outperform Bitcoin during this period, altcoin season is considered to be underway.

Meanwhile, Analyst Carl Moon posted on social media that “Altcoin season will start next week. DO. NOT. SELL.” This view reflects growing investor interest and increasing confidence in altcoins’ potential to lead the next phase of the market cycle.

image 168
Source: Coinglass

CoinGlass data also supports this trend, indicating a strong shift in performance toward altcoins. Over the past 90 days, several altcoins have outpaced Bitcoin, strengthening expectations for a broader market move.

Bitcoin Dominance Trends Support Market Rotation

Bitcoin’s market dominance is showing signs of decline, which historically signals the beginning of stronger performance from altcoins. Crypto analyst Lofty’s data shows patterns similar to those seen in 2017 and 2021, both of which preceded major altcoin rallies.

Lofty noted that “this is the final chance for investors to position themselves before the surge takes off,” adding that altcoins could potentially see a 150–175x rise during the upcoming rally. Charts of Bitcoin dominance continue to mirror past bull markets, reinforcing this possibility.

The current pattern suggests that altcoins are gaining investor preference, especially as Bitcoin consolidates. As dominance trends shift, traders often diversify into altcoins, expecting higher returns during speculative runs.

Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.

Hot this week

Binance Triumph: $1.17T Inflows Crush Rivals

Binance processed a staggering $1.17 trillion in total inflows...

Solana Warning: $122 Dip Looms Before Long Setup

Crypto Tony anticipates Solana dropping to $122 before considering...

Ethereum Victory: Supply Crash Signals Bullish Reversal

Ethereum's Exchange Supply Ratio hits ~0.137 across all exchanges,...

Chainlink Crash: Support Break Targets $8 Drop

Chainlink has broken a critical long-term ascending support trendline,...

XRP Peril: 80% Crash Looms if Support Crumbles

XRP trades around $1.88–$1.93 after pulling back from multi-year...

Topics

Binance Triumph: $1.17T Inflows Crush Rivals

Binance processed a staggering $1.17 trillion in total inflows...

Solana Warning: $122 Dip Looms Before Long Setup

Crypto Tony anticipates Solana dropping to $122 before considering...

Ethereum Victory: Supply Crash Signals Bullish Reversal

Ethereum's Exchange Supply Ratio hits ~0.137 across all exchanges,...

Chainlink Crash: Support Break Targets $8 Drop

Chainlink has broken a critical long-term ascending support trendline,...

XRP Peril: 80% Crash Looms if Support Crumbles

XRP trades around $1.88–$1.93 after pulling back from multi-year...

Whale Carnage: $16M Liquidations Rock BADBB’s Bets

Whale 0xBADBB faced initial partial liquidations closing $11M HYPE...

Bitcoin Warning: Positive Funding Frenzy Hints at Painful Long Squeeze

Bitcoin briefly surged to $90,087 on Coinbase before dropping...

Visa Triumph: USDC on Solana Unlocks 24/7 Bank Settlements

Visa enables US issuer and acquirer banks to settle...
spot_img

Related Articles

Popular Categories

spot_imgspot_img