Markets· ★★· bearish·

Altcoin Season Index Falls to 59 From September Peak of 78

  • —Altcoin Season Index fell to 59 on October 10 from 78 on September 27
  • —A reading above 75 signals altcoin season; 26–74 is a transition zone
  • —The index stayed in the 54–73 range from September 28 to October 10
  • —The gauge tracks the share of altcoins outperforming BTC over 90 days
Why it matters: A reading below 75 shows altcoins broadly lagging bitcoin, though 59 alone does not confirm the rally is over.
Source: TokenPost