Glassnode Signals Potential Altseason Amid Bitcoin Market Dominance

Glassnode has shifted its signal to indicate an altseason, though the Blockchain Center Altcoin Season Index remains in the Bitcoin season territory, currently between 53 and 55, well below the 75 threshold. While Bitcoin has surpassed $87,000 and altcoins have seen a weekly gain of approximately 11%, analysts note that this growth represents market expansion rather than capital rotation. Bitcoin dominance remains stable, and market data suggests that the current rally is not yet a confirmed classic altseason.