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07/20 11:40
Recent market behavior is flashing caution.
The correlation heatmap between BTC and altcoins revealed a growing divergence, a classic precursor to heightened volatility.
When altcoins start moving out of sync with Bitcoin, especially across a 12-hour timeframe as shown, it is often a sign of a shake-up.
Simultaneously, the altcoin season index is climbing, suggesting more altcoins are outperforming BTC. Bitcoin usually tends to “correct” these imbalances with sharp moves that catch over-leveraged long positions off guard.
While this isn’t a doomsday signal, the combination could be the setup for a swift BTC-led reality check.
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