Well, would you look at that! All the chirpy conjectures about an altcoin holiday in September now seem as likely as a walrus fly-fishing.
The latest numbers are whispering quite contrary tunes. Movements in Bitcoin‘s sprawling share of the market and what you might call the Altcoin Season Index, along with some jittery trading sentiment, are hinting this fine season might be off schedule-perhaps postponed indefinitely, like a court jester’s punchline.
Bitcoin Dominance: A Thorn in the Altcoins’ Side
According to the masters over at TradingView, since mid-September, the grand total of all crypto coins has sunk from a mighty $4 trillion to a more modest $3.82 trillion. Meanwhile, Bitcoin Dominance (BTC.D) has been swelled its chest from 57.3% to nearly 59%. Bitcoin’s share of the crypto pie is comparable to spoons linked arm in arm, strutting across the table.
This measurement of Bitcoin’s part of the entire crypto spread indicates that when BTC.D is on the rise-as it is when the whole market seems to buckle-then there’s a good chance those altcoins are slipping faster than a riverboat gambler with good cards.
From a standpoint of technical wizardry, analysts reckon BTC.D could keep on climbing, especially if it confirms an upside-down frock-a so-called head-and-shoulders pattern. A breakout beyond 59% would be more terrifying for altcoins than a room full of bull market bears.
In troubled waters, many an investor is now wondering if the tepid altcoin season has already taken an extended coffee break.
“Bitcoin dominance is ascendant once more! The coin is enticing assets towards its bosom! Do tell, has the altseason taken a siesta?” exclaims Whale.Guru.
Moreover, the Altcoin Season Index stooped to 69, falling under the hopeful threshold of 75. If liquidity continues to book its escape from altcoins, the index’s descent might be as steep as a Mississippi mudslide.
Should clover-crossed fortunes continue to desert altcoins, the lofty visions of the grandest altcoin festival might slip further into a dreamer’s nightcap.
The market sentiment index has taken a tumble from Neutral to Fear. It whispers of a probability for shock-waving panicky sell-offs should fear escalate into an unfathomable torrent of Extreme Fear.
A recent BeInCrypto scroll revealed a baffling contradiction within this September’s altcoin season. Old Wolf AshRobin of the Kanto Lab has said that spreading capital across tokens isn’t the strategy anymore. With more coins than stars in the sky, and scarce liquidity or attention to buoy them, nobody can claim they’re all headed on a uniform high-flying ride.
“The old-timer method of just buying coins and praying the whole market churns upward has sailed into the abyss. There are far too many coins afloat, and far too little attention and liquidity to buoy them all simultaneously,” grumbled AshRobin.
Despite these weakening vibes, many a would-be investor clings to optimism like a raft made of hope, banking on potential sweet nothings from the Fed’s rate cuts coupled with promises of shiny new Altcoin ETFs once the SEC gives it a nod.
Read More
- BTC PREDICTION. BTC cryptocurrency
- ETH PREDICTION. ETH cryptocurrency
- SOL PREDICTION. SOL cryptocurrency
- GBP EUR PREDICTION
- USD JPY PREDICTION
- USD TRY PREDICTION
- USD KZT PREDICTION
- DOGE GBP PREDICTION. DOGE cryptocurrency
- EUR RUB PREDICTION
- GBP CNY PREDICTION
2025-09-25 10:37