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Is Altseason Starting? What the Charts and Market Data Show
Published Source: BeInCryptoRead original
Crypto Insight Summary: Altcoin charts are flashing bullish setups, but market data shows money has yet to rotate into altcoins. The Altcoin Season Index stood at 39 on November 4, far below the 75 altseason threshold. Technical patterns on Bitcoin (BTC) dominance and Ethereum (ETH) point toward a possible shift in favor of altcoins. Market capitalization and stablecoin Crypto Insight Analysis: Direction: Neutral Impact: No Impact Horizon: Short-term (1-3 days) Reasoning: Bullish altcoin patterns lack capital rotation as the Altcoin Season Index remains below the altseason threshold.