Dear square family It’s not looking like TOP yet but this might be our LAST chance before the final pump.

Let’s me tell you what’s actually happening

1. Altcoin Season Index = Neutral zone

We’re not in full Altseason yet but that’s exactly why there’s still room to run. The index is sitting at 51 balanced between BTC and Alts.

2. Volume still climbing and HIGH is interesting

Open interest is moving. Take a look:

· $HIGH → +$9.68M (49.77% change)

· $ORCA → +$45.65M

· $ZBT, SAHARA, DAM, MIRA all showing solid OI growth.

This isn’t random. Money is quietly positioning.

3. Bitcoin still has room to claim $81k–$86k

If that bearish structure completes we could see BTC wipe out the CME gap.

That move alone would shake sentiment and historically that’s when alts either bleed hard or rip even harder right after.

So where does that leave us?

We’re not at the top.

But this might be the last window before the next real move up.

No euphoria yet. No altseason mania. Just structure, volume, and patience.😉