The recent net sale on the cryptocurrency market comes after weeks of STRANG capital flows in altcoins with small capitalization.
This activity was traced on the market in the place where the Altcoin season is an arrow.
The index of the Altcoin season of Coinglass assesses the performance of altcoins against Bitcoin on a scale of 0 to 100. This index, which increased to 59 Monday, fell to 41 from Friiy.
Coinbase research manager David Duong noted in a report that the Altcoin market, excluding stablecoins, almost doubled in April. How, the withdrawal of this week was black on investors taking Excel risks in leverages.
According to the report, the metric of the domination of the interests opened in Altcoin increased to 1.6. This ratio represents the ratio of the dollaar amount linked in the Altcoin derivatives contracted by the contracted bitcoin and was a precursor of market corrections in the past. The Duong status that a decrease in this Rayio will signal a healthy service on the market, others, a new volatility occurs.
The metric of the domination of Bitcoin is crucial for the sustainability of the Altcoin season. This metric, which measures the share of BTC on the total cryptography market, fell below its mobile average at 200 days, marking the first time that it has dropped this level since January 2025.
“A SUSTAINED movement below the 200 -day mobile average, it confirms an Altcoin season. Howver, he added that investors?
* These are not impact advice.
