The Altcoin Season Index has dropped to 23, underscoring Bitcoin's prevailing dominance in the cryptocurrency market. This index evaluates whether 75% of the top 100 cryptocurrencies, excluding stablecoins and wrapped tokens, have outperformed Bitcoin over a 90-day period. A reading below 25 typically indicates a Bitcoin season, while a figure above 75 suggests an altcoin season. The current decline in the index is attributed to Bitcoin's robust performance, a reduced appetite for risk among investors, and a growing institutional focus on Bitcoin rather than smaller cryptocurrencies. This trend suggests a strategic shift in the market, with investors potentially prioritizing Bitcoin over altcoins for portfolio diversification and risk management.