Altcoin Index Holds Neutral as Gap Hits 399 Days
Investors holding Bitcoin and altcoins are seeing a market that is neither favoring altcoins nor Bitcoin, after a long stretch without an altcoin season.
Updated on Nov. 1, 2026 in Investing
The Altcoin Season Index recorded a reading of 41 on October 30, placing the market in its neutral band, while the time elapsed since the most recent altcoin season reached 399 days. The gauge compares Bitcoin against a group of 50 eligible altcoins over the prior 90 days, and investors tracking crypto allocations are the readers most affected by the signal.
Why it matters
The index is a relative-performance gauge: a score of 75 or above means at least 75% of the altcoin group has outperformed Bitcoin over the prior 90 days, which marks altcoin season, while 25 or lower marks Bitcoin season. Because the reading sits in neither extreme, it signals that neither side has clearly taken the lead.
The index sat at 41 on October 30, inside the 26-to-74 neutral band. The most recent altcoin season was 399 days ago, against a historical average gap of 67 days and a historical average span of 17 days per altcoin season.
The details
The gauge looks back over the prior 90 days and checks how many of the 50 eligible altcoins outperformed Bitcoin over that stretch. When at least 75% of the group has beaten Bitcoin, the score reaches altcoin season territory; when the share falls low enough to reach 25 or below, Bitcoin season is recorded. Readings between 26 and 74 indicate that performance is mixed and no clear leader has emerged. Because the window is rolling, the score can change quickly as recent price moves enter and older ones drop out.
Timeline
October 30: Altcoin Season Index recorded a reading of 41 and an elapsed time of 399 days since the most recent altcoin season.
Money Landscape
The 399-day gap since the last altcoin season is far above the index's 67-day historical average interval, and it is approaching the 486-day longest stretch the gauge has recorded. Current conditions therefore sit in the long-dry end of the index's own history rather than near its typical rhythm.
Investors who hold a mix of Bitcoin and altcoins may see the relative balance between them shift as the index moves between neutral, altcoin season, and Bitcoin season. Anyone weighing a change in crypto exposure should review it with a qualified financial professional rather than treating a single index reading as a signal.
The takeaway
The index's 41 reading marks a neutral market, but the 399-day gap since the last altcoin season is a reminder of how long these cycles can run. Check the index's definition and recent readings before making any allocation change, and discuss any shift in crypto holdings with a qualified financial professional.
Further reading
For more on how these market cycles fit into broader portfolio decisions, see our Investing coverage.
