According to external sources, what the market often refers to as the “season season” is not a plumbling of the Yamaya currency, but rather the fact that most of the mainstream mountain currency continues to win bitcoin for some time. By mid-2026, the situation had not been confirmed and the market was still more dominated by bitcoin.
What's the season like?
The most common tool to measure this phase is Altcoin Season Index. This indicator shows how much of the first 100 mountain coins have won bitcoin in the last 90 days and gives a score of 0 to 100.
- Higher than 75: usually considered as a quail season
- Less than 25: usually considered bitcoin Season
- The market is still neutral
The article mentions that the index rose significantly in mid-2026, about 43, from a low point of 11 to 12 in June, but that there is still a gap in the confirmation of the season. This means that some of the banknotes have been repaired at low levels, but have not yet developed a broad and sustained relative strength.
Bitcoin's still up.
In addition to the Quarter Index, the market will observe the prevalence of bitcoin, which is the share of the total market value of the whole encrypted market. The rise in the dominance rate usually means that funds continue to be concentrated in bitcoin; the decline in the dominance rate is closer to the spread of the money to the Shanco currency.
According to the article, the Bitcoin dominance rate remained at 50 per cent in mid-2026. Analysts usually see a drop of 55 percent as a clearer rotation signal. At this level, even if the money rises, it is often difficult to form a continuous run.
That is why markets cannot just watch prices rise and fall. It would be difficult for the market to enter the typical quail season if there was a faster increase in the price of TTcos and the funds were still concentrated.
Why the delay in 2026?
According to the article, after the boom in bitcoin and its rollover, the boom in capital flows from high-market assets to small and medium-market currency. However, the premises for 2026 were not available, bitcoin was still significantly below historical heights, and the market lacked room for spillover profits.
In addition, the high level of the bitcoin dominance suggests that funds remain biased towards assets that are more liquid and more easily configured by agencies. The article also referred to the “financial wall” effect of ETF, where some of the agency's funds had not flowed to the market as naturally as in the past, after entering Bitcoin through regulated products.
The article also reminds that the Quarter Index itself is a lag indicator. When the equilibria rises 75, it often means that the journey has come out of a period of time; and it can also lead to higher fluctuations if the coin is moved prematurely before it is formed.