The bears just got a reality check! $BTC bounced 3.7% overnight, but the real story is in the Alts. The Altcoin Season Indicator just screamed back to its January highs, signaling that the "rotation" everyone was waiting for might finally be here!
🔵 Bitcoin ($BTC )
BTC climbed 2.4% to $65,600, recovering from a volatile overnight dip. The RSI indicator has moved from oversold to neutral, signaling potential stability. Futures open interest is steady, but the $60K put remains heavily traded, highlighting continued caution among traders.
🟣 Ethereum ( $ETH )
ETH rose ~4% to $2,019, mirroring Bitcoin’s recovery. Volatility has eased, with BVIV dropping from 65% to 56%, suggesting calmer conditions. Futures open interest remains stable, and technicals indicate ETH is poised to test resistance levels if BTC holds above $65K.
🔴 Solana (SOL)
$SOL outperformed with a 7%+ surge, reclaiming the $80 level. Strong cumulative volume delta indicates buying demand outpacing selling. SOL remains a top layer-1 performer, benefiting from rotation of capital from BTC and stablecoins.
🟠 Cardano ( ADA
ADA gained ~4.5%, holding near key support at $0.27. The altcoin shows early signs of entering the altseason rally, though technicals suggest momentum may depend on BTC’s continued strength.
🟢 VIRTUAL & ETHFI
VIRTUAL led the altcoin charge, up 15.5% overnight and over 20% in 24h, reflecting strong speculative interest. ETHFI rose 10%, fueled by hints of a potential stablecoin rollout, signaling investor appetite for innovation-driven projects.
🟡 Morpho
Morpho surged 15% in 24h, bringing its 30-day gain to 45.9%. The lending platform token continues to outperform due to consistent adoption and capital rotation into smaller growth assets.
⚪️ TON & PIPPIN
TON and PIPPIN pulled back slightly after early-week gains, showing typical rotation behavior as traders shift capital into higher-momentum altcoins. This suggests the altseason rally is selective, favoring high-volume, high-speculation tokens.
📊 Altcoin Season Indicator
The altcoin season indicator hit its highest level since January, signaling renewed market interest in layer-1 tokens and niche projects. Capital rotation from Bitcoin and traditional safe-haven assets is fueling this short-term altcoin rally.
