Glassnode said its altcoin cycle signal has re-entered an “altcoin season” status, based on its latest assessment of market conditions.
According to Foresight News, Glassnode said the signal’s typical pattern is altcoins rising while Bitcoin maintains buying support.
Glassnode added that after nearly two years of sustained selling, selling pressure on altcoins has largely been exhausted. However, it said Bitcoin remains in a declining phase.
The firm noted that the market is still primarily driven by Bitcoin, and altcoins have not yet fully taken over the upward move.
Glassnode Says Altcoin Cycle Signal Returns to Altcoin Season Status
2026-06-23 03:23:40
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