Altcoin Season Index Drops to 32, Indicating Bitcoin's Dominance
- Market Dominance Signal: On April 2, 2025, CoinMarketCap's Altcoin Season Index dropped five points to 32, indicating Bitcoin's prevailing dominance in the cryptocurrency market, prompting investors to reassess their risk appetite.
- Index Interpretation: The index compares the 90-day price performance of the top 100 cryptocurrencies against Bitcoin, with the current score of 32 showing that only about 32% of top altcoins have outperformed Bitcoin, reflecting a market preference for Bitcoin.
- Capital Rotation Analysis: Analysts emphasize that a sustained reading below 40 indicates Bitcoin is absorbing most of the new capital entering the market, potentially setting the stage for the next market cycle, especially amid increasing macroeconomic uncertainties.
- Historical Trends and Future Outlook: Historical data shows that the index hovered in the mid-20s in Q4 2023 before rapidly rising into the altcoin season of early 2024, suggesting that the current low level may provide potential opportunities for future rebounds.
Get Real-Time Alerts for Any Crypto Movement
Technical Analysis for ALT
Technical Sentiment Analysis for Altlayer (ALT). As of , Altlayer (ALT) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 3 indicators are flashing buy, while 2 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for ALT stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, ALT is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Altlayer (ALT) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00378 | 0.00514 | 0.00603 | 0.00739 | 0.00828 | 0.00964 | 0.0105 |
| Fibonacci | 0.00514 | 0.006 | 0.00653 | 0.00739 | 0.00825 | 0.00878 | 0.00964 |
About ALT
About the author
