The debate over whether the crypto market is in Bitcoin Season or on the verge of Altcoin Season has dragged on for many months, especially due to Ethereum’s price action in the past few days. LUCIE, Shiba Inu’s marketing lead, recently touched on the matter, sharing insights on what’s currently happening, what to expect for an altcoin season, and when to anticipate a breakout in the Altcoin Season Index. Altcoin Season Index Points To Bitcoin Dominance Many traders and analysts have been closely watching the Altcoin Season Index, with posts on the social media platform X and news reports increasing in anticipation of a market-wide move that could favor altcoins against Bitcoin. Although the current market still tilts toward Bitcoin, signs of change are starting to emerge, especially with Ethereum now approaching the $4,000 price level
source: https://www.newsbtc.com/news/bitcoin/bitcoin-season-altcoin-season/