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70% of Binance Altcoins Recover But Altcoin Season Index Tells Another Story
Published Source: BeInCryptoRead original
Crypto Insight Summary: Altcoins have climbed back above a key level on Binance, with 70% now above their 200-day average. A separate gauge of altcoin strength has moved in the opposite direction. Blockchaincenter’s Altcoin Season Index fell to 41 on September 20. The reading sits 34 points below the level that historically confirms an altcoin season. Altcoin Market Crypto Insight Analysis: Direction: Neutral Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Mixed signals with Binance altcoins recovering but Altcoin Season Index remaining low.