Altcoin season still uncertain as OTHERS/BTC rises but Ethereum DeFi stays soft
Altcoin-related indicators are sending mixed signals, even as the OTHERS/BTC ratio climbs and hints at rotation beyond Bitcoin. Bitcoin is up over 6% in Q2 so far with dominance holding near 60%, while Ethereum's weaker DeFi flows and on-chain metrics suggest risk appetite remains selective rather than broad-based.