bitcoin ·
Is Altseason Starting? What the Charts and Market Data Show
Altcoin charts are flashing bullish setups, but market data shows money has yet to rotate into altcoins.
The Altcoin Season Index stood at 39 on November 4, far below the 75 altseason threshold. Technical patterns on Bitcoin (BTC) dominance and Ethereum (ETH) point toward a possible shift in favor of altcoins. Market capitalization and stablecoin dominance data, however, show traders keeping their distance.
The Charts Making the Case for Altcoins Bitcoin dominance measures Bitcoin's share of total crypto market value. A chart shared by Ash Crypto shows the metric rejected at a descending trendline for a third time. BTC Dominance just got rejected for the 3rd time.
Altcoin Dominance is holding support at the same time. You already know what comes next. pic.twitter.com/jGpQZvlKHk — Ash Crypto (@AshCrypto) November 3, 2026 Dominance stood at 60.43% at the time. Repeated rejections suggest Bitcoin is struggling to grow its share of the market.
