Glassnode’s proprietary #Altseason Indicator fired on July 9. This means stablecoin supplies are expanding, capital is flowing into $BTC and $ETH, and, simultaneously, the altcoin market cap is rising - a structural environment conducive to capital rotation. https://t.co/dZT0RTIIQp<br><img src="https://static.sosovalue.com/sosovalue/2025/07/17/a2d7a952-5b55-45ea-a424-6a36070c418d.jpg"/>

Altseason: the cycle is aligning just like it did ahead of past altseason bursts.

Bitcoin dominance has been relentless since Dec 2024 (gray line).

→Now, it's showing early signs of weakness, similar to previous pre-altseason conditions.

Previous altseason spikes (red) were short-lived — alts need stronger narratives to sustain a full rotation.

→We're now breaking a symbolic threshold (yellow line) with strength (blue square).

We’re in a transitional phase:
→ BTC season is weakening
→ Dominance is dropping
→ Structural conditions for a full altseason are forming

$ETH is the bridge.

Its rotation leads capital flow — and sets the tone for what comes next across the altcoin market.