The recent movements in the altcoin market indicators have caught some attention. The Altcoin Season Index has just risen to 26, a number that seems to be trending upward, but honestly, it's still far from a true altcoin season.

How should we interpret this index? It tracks how altcoins have performed relative to Bitcoin over the past 90 days. What does a score of 26 mean? While the current momentum has slightly strengthened, it can only be considered a moderate warming. To truly declare the arrival of altcoin season, the score needs to reach 75.

The reality we face now is that we are less than one-third into the indicator's scale. This suggests that the market is still in the energy accumulation phase, and altcoins need to perform even stronger to turn the tide. Short-term optimism is justified, but to say that the season has already arrived? That's still premature.