Just noticed crypto getting hit pretty hard today while oil prices are climbing. The whole market's feeling the pressure and I'm seeing a lot of shorts being opened right now. Honestly, the altcoin season index has been looking weak for a while, and with this bearish momentum building, it doesn't look like we're close to any real altseason bounce yet. Most traders seem to be playing defense at the moment, stacking bearish positions across the board. The altcoin season index is basically confirming what the price action is telling us - alts are getting crushed harder than BTC. Not saying this is the bottom, but the sentiment shift is pretty dramatic. Watching the altcoin season index will be key to know when things might turn around. For now, seems like patience is the play.