Altcoin Season Index at 31: Unpacking the Dominant Bitcoin Season in the Crypto Market

Key Points

1. The Altcoin Season Index measures the performance of the top 100 cryptocurrencies against Bitcoin over the past 90 days, with a score below 75 indicating a Bitcoin Season.

2. A score of 31 suggests capital is consolidating around Bitcoin, but this does not mean altcoins are without potential; a diversified portfolio and long-term perspective are advised.

3. Investors should monitor key indicators for a potential shift to an Altcoin Season, as the market is cyclical and trends can change.

4. The current Bitcoin Season highlights the importance of understanding market cycles and preparing for future shifts in cryptocurrency trends.