Altcoin Season Index Declines to 27 After Recent High

Despite Bitcoin's surge past $110,000, altcoins struggle, with a $36 billion outflow indicating ongoing investor hesitation in the altcoin market.

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Summary

Despite Bitcoin's rise above $110,000, altcoins remain in a bearish trend, with a $36 billion cumulative buy/sell volume difference indicating sustained investor outflows from altcoins. The Altcoin Season Index is currently at 27, well below the 75 threshold, suggesting a lack of capital rotation into altcoins. Analysts note that macroeconomic conditions, including high interest rates, may be delaying a potential altcoin season, with some predicting a shift could occur in late 2025 or even 2026 if market conditions improve.

Terms & Concepts
  • Altcoin Season Index: A metric that indicates the performance of altcoins relative to Bitcoin, often used to assess market trends.
  • cumulative buy/sell volume difference: A measure that reflects the net demand from traders by comparing the volume of buy and sell quotes in the market.
  • Bitcoin dominance: The percentage of the total cryptocurrency market capitalization that is represented by Bitcoin, indicating its market strength.