Altcoin Season Index Climbs to 27, Suggesting Market Bottom
The Altcoin Season Index, which measures how the top 50 altcoins perform against Bitcoin over 90 days, has risen from a low of 11 in June to 27 today. Despite Bitcoin dominance holding above 65%, the index’s uptick signals that the extended downtrend may be ending and a market bottom could be in place. Historically, even lower readings—below 8 in 2020 and 4 in 2023—preceded major altcoin rallies. For a full altcoin season, Bitcoin dominance would need to fall toward 40% and Ethereum must outperform Bitcoin. Traders should watch these indicators alongside the Altcoin Season Index as early signs of a broader altcoin recovery.
Bullish
A rising Altcoin Season Index from historic lows typically indicates that the downtrend is nearing an end and a market bottom is forming. Similar low readings in 2020 and 2023 preceded major altcoin rallies in 2021 and 2024, respectively. Although Bitcoin still dominates at over 65%, the index moving up to 27 suggests improving altcoin strength. If Bitcoin dominance falls toward 40% and Ethereum begins to outperform Bitcoin, traders can expect a full altcoin season. Therefore, this news is bullish: it provides early confirmation that traders may soon shift capital into altcoins, boosting market confidence and setting the stage for a broader uptrend.