Altseason might have just kicked off... but we're still in the early stages.
A few leaders are starting to outperform BTC:
$ZEC
$HYPE
$NEAR
$ONDO
And interestingly, the money flow is starting to trickle down to low-cap coins, following the familiar 'altseason' playbook:

ONDO pumped ~50% → pulled EDEN up over 400%
NEAR pumped hard → $WLD and $FET also jumped ~50%

This is usually a very early sign of market rotation:
leader narrative runs ahead, and then the cash gradually flows into coins under $50M market cap.
More importantly, the OTHERS/BTC chart just broke out of a long-term downtrend — meaning altseason might just be getting started, not nearing its end.
Perhaps the market isn't really 'late' as many people think.