Altcoin Season Index rises to 48, signaling a neutral market between Bitcoin and altcoins.
The market cap shows regained strength in altcoins, though Bitcoin still holds dominance.
Analysts predict Altcoin Season could start in 2025, with Ethereum showing potential growth.
The Altcoin Season Index (ASI) has increased to 48 as of December 26, 2024, marking an increase from the previous day. This uptick indicates that the market is in a neutral phase, between Bitcoin and altcoin season.
The ASI, which tracks the performance of the top 100 coins over the past 90 days, revealed that although the altcoins have gained leverage, Bitcoin continues to lead the market.
Notably, the index has experienced several shifts over the last month. After reaching the peak at 52 earlier this month, it dropped drastically to 47 over the last week before recovering to 48 on December 26.
This pattern reflects a period of consolidation, with Bitcoin and altcoins vying for dominance. Further, the yearly high of 87, recorded on December 4, 2024, marked a brief phase of altcoin outperformance, while the yearly low of 13 on September 3, 2024, highlighte…
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