The analysis platform Glassnode reported on the transition of the indicator Altcoin Cycle Signal to the zone of the altiseason: the value of the model reached 86, which indicates a high probability of increase in interest in althkoids. The index tracks the 250 largest altcoins relative to Bitcoin, and its growth has coincided with a decline in seller pressure in the alt sector as the first cryptocurrency has been corrected.

However, the crypto society calls for caution in dealing with this data. Critics point out that the index’s mechanical reversal may not be due to real demand for altkounas, but because Bitcoin is falling faster than they do. This view is supported by a stable BTC dominance of 58-59% and the data from BlockchainCenter, whose Altcoin Season Index does not yet confirm the start of the altseason.

Moreover, CryptoQuant experts presented the opposite picture: according to their metrics, a record-breaking 15-month sales pressure was recorded in the Altcoin segment. This contradiction underscores that the current market phase remains mixed, and investors should consider several data sources before drawing conclusions about the start of a massive growth in alternative crypto assets.

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The material is prepared solely for informational purposes and does not constitute a financial advice or recommendation.