The crypto market is showing early signs of an altcoin rebound, but key breadth indicators suggest it is still too soon to call a full-fledged 'altcoin season' as Bitcoin (BTC) continues to command the lion's share of capital. As of Monday UTC, CoinMarketCap's Altcoin Season Index stood at 47, slipping from 48 a day earlier.
For several months, Michael Saylor and Strategy have been transforming the bitcoin market into a large-scale financial experimentation ground. The company reportedly once again strengthened its position with the estimated purchase of 2,110 BTC financed through its STRC program.
Shiba Inu has slipped below the $0.000006 level, a threshold that had quietly acted as a structural support throughout its recent consolidation phase. The breakdown is not dramatic in isolation, but in context, it reinforces the broader downtrend that has been intact for months.