Sadii

06/16 16:08

Altcoin season is warming, with the index climbing

#World Cup Predictions: 100,000 USDT Daily #BTC Prophet: 20-Day 380 Million HTX Challenge #HTXCommunity4thAnniversary Altcoin season is warming, with the index climbing to 51, yet the most speculative tier of the market is being sold harder than the rest. The Solana network, which out-trades every chain on meme coins, confirms the drag as even its own volume fades. The split is between intent and fuel. Capital is rotating off Bitcoin into altcoins, but the riskiest corner is lagging. It is an early risk-off tilt rather than a broad run. Altcoin Season Is Warming Toward Neutral The starting point is the Altcoin Season Index, which tracks how many top altcoins outperform Bitcoin over 90 days. A reading above 75 confirms altcoin season, while a low score means Bitcoin leads. Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here. The index sits at 51, up sharply from the deep Bitcoin-led readings of early June, with the altcoin market cap near $923 billion. That climb shows money starting to rotate out of Bitcoin and into the broader altcoin market. Altcoin Season Index: CoinMarketCap Still, 51 is only neutral. It signals a market that wants to run, not one already running. What decides whether the move becomes a true season is the behavior of the riskiest assets, and that is where the picture turns. The Speculative Tier Is Lagging, Not Leading BeInCrypto’s meme-versus-alt data exposes the weak link. Over the past 30 days, a basket of meme coins fell 19.1% while a basket of mid-cap altcoins fell 9.8%. That leaves meme outperformance at negative 9.3 percentage points, meaning the speculative tier is being sold harder than the rest of the market. This is the part that matters for timing. In a healthy, broad rally, the most speculative assets lead or at least keep pace, since they sit at the far, highest-risk end of the risk curve. When they lag this much, risk appetite is draining first from the riskiest names, an e

2Поделиться