No strong capital rotation into alts; risk appetite below 1.0 signals cautious market phaseNo confirmed altcoin season yet; Bitcoin dominance holds near 59% and Altcoin Index stays below 40
Altcoin Season Index at 30–39 means only 35% alts beat BTC, far from 75% confirmation level
BTC under $100K and ETH near $2K-$2.7K keep momentum weak; stablecoin dominance rising
No strong capital rotation into alts; risk appetite below 1.0 signals cautious market phase
Watch for BTC dominance <55%, Alt Index >75, ETH rally, and macro relief for real breakout