The Altcoin Season Index, a measure of the strength of the altcoin market relative to Bitcoin, has remained unchanged at 53 as of 9:30 AM KST. This indicates that the altcoin market is currently in a neutral state, with neither altcoins nor Bitcoin having a clear advantage. The Altcoin Season Index is calculated by comparing the price fluctuations between the top 100 coins (excluding stablecoins and wrapped coins) by market capitalization and Bitcoin. When 75% of the top 100 coins have a higher rate of increase than Bitcoin over the past 90 days, it is considered Altcoin Season. When the opposite is true, it is considered Bitcoin Season. The current index value of 53 suggests that the altcoin market is not particularly strong or weak at the moment. Altcoins have not been able to gain a significant advantage over Bitcoin, and Bitcoin has not been able to establish clear dominance. This could indicate that the market is waiting for a catalyst to break the stalemate.

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