Why ALT Season Has Not Happened

Summary

The presenter argues that an alt‑season has not materialized because altcoin‑to‑Bitcoin ratios have remained above the historical 0.25 threshold, social interest in crypto is low, and the market is still under quantitative tightening. He draws parallels to the 2019 cycle, noting Bitcoin dominance has risen as altcoins bleed into Bitcoin despite Bitcoin’s price gains. He expects Bitcoin dominance to keep climbing at least through December, with alt‑Bitcoin pairs likely sliding toward the 0.25 range before any meaningful alt rally. Even if Bitcoin reaches new highs, the lack of retail enthusiasm means altcoins will stay subdued.

Original Description

Let's talk about why ALT Season has not happened.

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