Coinbase Flags Potential Altcoin Season as BTC Dominance Falls

I see Coinbase’s view as a credible early signal that capital may rotate into altcoins: BTC dominance has fallen materially and altcoin market cap is up over 50% since July, while macro data and strong stablecoin/macro narratives could unlock fresh flows.

That said, altseason thresholds (75% of top 50 altcoins outperforming BTC over 90 days) aren’t yet met and indexes sit in the 44–53 range, so momentum is building but not confirmed. A defining narrative or institutional catalyst is still needed to sustain a full-scale run.

I’m watching for confirmation—sustained BTC dominance declines, index crossovers, and clear flow evidence—before increasing allocation; in the meantime I’d scale in selectively and manage risk tightly.