Alt Season Status
As of now it doesn't appear to be a full-fledged altcoin season. The Altcoin Season Index, which measures the performance of altcoins relative to Bitcoin, indicates that we are not currently in an altcoin season. For it to be considered altcoin season, 75% of the top 50 altcoins need to outperform Bitcoin over the last 90 days.
However, there are signs that the market is showing some bullish sentiment towards altcoins, and the situation can change rapidly. Keeping an eye on market trends and indicators can help you stay updated.