Altcoin Season Index Holds Steady at 51: Market in Neutral Territory
CoinMarketCap's Altcoin Season Index has been holding steady at 51, indicating that neither Bitcoin nor altcoins have a decisive performance advantage over the past three months.
The index compares the 90-day price performance of the top 100 cryptocurrencies against Bitcoin to determine market sentiment. A reading above 75 indicates an 'altcoin season,' while a reading below 25 signals a 'Bitcoin season.'
The current neutral zone suggests balanced capital flows and reduced speculative fever, which may be a healthy sign for the broader market.