Almost nobody is talking about altseason anymore. That may be bullish

Markets Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Almost nobody is talking about altseason anymore. That may be bullish Social media mentions of "altseason" have dropped to their lowest level in two years, according to Santiment data, a contrarian signal that has preceded previous rallies in speculative crypto assets. By Shaurya Malwa | Edited by Sam Reynolds Updated Mar 6, 2026, 5:21 a.m. Published Mar 6, 2026, 5:09 a.m. Make us preferred on Google What to know : Mentions of “altseason” on social media have plunged to their lowest level in at least two years, a sign of deep retail apathy that has historically preceded altcoin recoveries. Altcoins have sharply underperformed, with major tokens like Dogecoin, Solana and Cardano down 60% to 75% from recent peaks as capital has rotated into bitcoin and stablecoins. While on-chain data show large bitcoin holders accumulating, analysts say any altcoin rebound likely depends on bitcoin stabilizing amid broader market pressure from the Iran conflict. The crypto crowd has given up on altcoins. And that might be the most bullish thing about them right now. Santiment's social volume tracker shows weekly mentions of "altseason" across social media have fallen to rock bottom, the lowest reading in at least two years. The term is essentially a proxy for retail greed and speculation. When everyone's talking about altseason, it usually marks a top. When nobody's talking about it, large holders have historically started accumulating. Every major spike in altseason chatter over the past two years coincided with a local top in DOGE. Every period of silence was followed by a rally. The pattern isn't perfect, but the correlation between crowd disinterest and subsequent price recoveries is hard to ignore across multiple cycles. The current apathy is earned. Altcoins have been brutalized since October's crash. Dogecoin is down roughly 75% from its cycle peak. Solana has shed over 60%. Cardano has lost more than 70%. The broader altcoin market has been bleeding against bitcoin for months, with capital rotating into BTC and stablecoins rather than chasing lower-cap tokens. There's simply nothing left to be excited about if you've been holding alts through this drawdown. Other sentiment indicators confirm the exhaustion. The Crypto Fear and Greed Index has spent most of February and March oscillating between "fear" and "extreme fear." The Coinbase Premium Index stayed negative for over 40 consecutive days through February, signaling that U.S. retail interest was absent even from bitcoin, let alone more speculative assets. Google Trends data for terms like "best crypto to buy" have flatlined while searches of "bitcoin to zero" hit a U.S. record earlier in the month. Meanwhile, the on-chain picture has been quietly diverging from sentiment. Bitcoin wallets holding 100+ BTC approached 20,000 for the first time in late February, suggesting large holders were accumulating the dip. The data does not directly mean a rally is imminent; however, with the ongoing Iran conflict pressuring financial markets all over the world. The altcoin market needs bitcoin to stabilize before it can rotate lower on the risk curve. The conditions for an altseason aren't here yet, but the sentiment setup is. DOGE Memecoin altcoin More For You Pudgy Penguins: Challenging the Pokemon and Disney Legacy in the Global IP Race By CoinDesk Research Feb 27, 2026 Commissioned by Pudgy Penguins CoinDesk Research looks into how Pudgy Penguins disrupts traditional toys market via a phygital model. With 2M+ units sold, they scale via global partnerships and events. What to know : Disrupting a Stagnant Market : Pudgy Penguins is utilizing a "Negative CAC" model to challenge the traditional $31.7B licensed toy industry by treating physical merchandise as a profitable user acquisition tool rather than just a final product. View Full Report More For You XRP drops 3% after failing to break $1.45 resistance By Shaurya Malwa 27 minutes ago Traders are watching $1.40 support after high-volume selling confirmed continued bearish structure. What to know : XRP fell 3.3 percent to $1.4108 after another failed attempt to break above the $1.43 to $1.45 resistance zone, with a late-session drop below $1.411 confirming short-term downside momentum. Trading volume spiked 74 percent above average during the sell-off, underscoring that sellers remain in control even as spot ETFs and large on-chain wallets continue to add to XRP positions. Analysts say the $1.40 support level is now pivotal, with a hold potentially setting up a move toward $1.45 and $1.55, while a breakdown could open the way to deeper support near $1.33 and possibly $1.00. 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