Altcoin Season Stalled, Traders Expect 2028-2029 Comeback

The altcoin season remains elusive, as traders continue to monitor market conditions for signs of noticeable monetary easing.

The Altcoin Season Index, which measures how many top 50 coins outperform Bitcoin over 90 days, has not entered altcoin territory in over 256 days, indicating a prolonged dominance by Bitcoin.

Crypto Kid described altcoins as 'trophy assets' that attract meaningful capital only during periods of abundant liquidity, such as the 2020-2021 period. He sees little chance of a broad rotation in the near term and points to 2028 or 2029 as a more realistic timeframe.

Player1Taco emphasized attention as the key driver in today's fragmented market. Even without a full altcoin season, specific narratives can still deliver gains, such as those seen in projects like Venice (VVV) with its focus on artificial intelligence.