Early signs of altseason emerge when altcoins begin to show signs of bullishness
Crypto market analysts say that the increase in altcoin performance and volume on Binance, the rising altseason index and the TOTAL2 macro structure are early signs that the market may enter the altseason in 2026.
Main Receptors:
Altcoin recovery signs appear, hints at Altcoin's potential altseason in 2026. Altcoin trading volume on the central exchange is increasing and AltSeason index indicates possible capital rotation from Bitcoin. Altcoin market cap chart shows technical improvement.
The Altcoin market is showing the first signs of recovery
Crypto analyst Darkfost he said. Macroeconomic doubts surrounding the war between the US and Israel and Iran have shown the altcoin sector to be more than 50 percent correct.
However, the sector seems to be quietly “vigilant” as the percentage of altcoins trading above their 200-day moving average (MA) on Binance increased to 21%, levels seen last September 2025. “Investors' interest in altcoins seems to be slowly returning,” Darkfost said in a Quicktake note on Wednesday, adding:
“This is an important indicator for those who want to gain exposure.”
Performance of altcoins on Binance. Source: CryptoQuant
Darkfost cautioned that it is still too early to call an altseason, with most altcoins trading 60-80% above their 200-day MA, as it is below the levels seen in mid-2025 and mid-Q4 2024.
Meanwhile, fellow analyst CryptoOnchain They pointed out The rising activity on Central Exchanges (CEX) is a sign of rising activity in altcoins.
According to the analyst, altcoin trading volume, with the exception of the five largest cryptocurrencies, has steadily increased over the past few weeks. The chart below shows the trend (yellow bars) of Altcoin volume when the 30-day MA for altcoin trading volume crosses above the 365-day MA.
Historically, when this metric glows yellow, it “indicates a shift of capital from major caps to mid- and low-cap altcoins,” the analyst added:
“If this momentum continues, it could serve as strong confirmation that a broader altcoin rally is underway.”
CEX volume from top 5 crypto source: CryptoQuant
The Altcoin Season Is “Coming”
The 90-day AltSeason index also rose to 28.6, its highest level in months. The index tracks whether most altcoins have outperformed bitcoin over the past 90 days.
The CryptoQuant analyzer CW8900 “Altseason starts quietly he said. In a recent quick note, referring to the “rapid rise” in the index over the past few weeks, he added:
“The real AltSeason is approaching.”
Altcoin period index. Source: CryptoQuant
Although the index has been recovering, its value of 28.6 means that only 28.6% of the top 50 cryptocurrencies by market capitalization have outperformed Bitcoin in the past 90 days. This is less than the 75% “altseason” threshold, according to Blockchaincenter.
These include ZCash (ZEC), Bittensor (TAO) and Morphor (MORPHOR), which have increased by 98%, 72% and 68% in the past three months, compared to Bitcoin (BTC)'s 17% gain.
50 peak performance in 90 days. Source: Blockchainenter
CW8900 added:
The indicator also shows that there is no real AltSeason in this cycle. The AltSeason Index peaked in early 2024, and this value was relatively low compared to previous AltSeasons.
Altcoins are showing signs of going down
Data from TradingView showed TOTAL2 – the combined market capitalization of all cryptocurrencies except Bitcoin – is trending lower in a multi-year expansion line that has defined price action since mid-2022.
In X Wednesday's post analyst cryptocupra he said. A TOTAL2 crash will mirror the 2021 crash and could be as high as $8 trillion, Altsen added.
Altcoins Market Value, TOTAL3 Source: X/1000xgirl
Nebraskangoner's chart shows that TOTAL2 has broken above the upper limit of the triangle emerging from the daily time frame.
TOTAL2 “From here the analyst is emerging. he said. In a recent X post, adding:
As long as this crash exists, the Altcoin market is set for further growth.
TOTAL2 Daily Chart. Source: X/Nebraskangooner
Fellow crypto analyst GorkemCrypto also shared a serious argument with the 2021 fractal that Bitcoin's dominance has dropped to 40% as capital flows into altcoins.
The supremacy of Bitcoin. Source: X/GarkemCrypto
However, according to Cointelegraph reportedThe Bitcoin Dominance Index has risen to its highest level since November 2025. The dominance of BTC has been increasing since 2023, which suggests that the current trend still favors BTC more than altcoins.
