BITCOIN FLAT AT $90K AS CERTAIN ALTCOINS RALLY, BUT BROAD ALTCOIN SEASON REMAINS DELAYED
Bitcoin altcoin season: Market sentiment is still dominated by fear, even though the intense panic seen in late November has begun to fade. The Fear and Greed Index now sits at 25, signaling caution but avoiding the extreme fear zone.
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Bitcoin is trading just above $90,000, showing a modest rebound from its recent lows. Overall, the market appears to be stabilizing rather than gearing up for a meaningful shift toward risk-taking.
In this cautious environment, only a handful of altcoins are standing out. Zcash, MemeCore, and Cardano have shown noticeable gains, while most major cryptocurrencies remain relatively flat. Their performance highlights how traders selectively position themselves when the broader market is uneasy but not fully retreating.
Zcash Posts Its First Significant Rebound After Steep Monthly Losses
Zcash (ZEC) is currently trading near $426, gaining roughly 10% in the past 24 hours. The recovery is notable because ZEC had dropped sharply from its November peak of around $700, shedding nearly 30% over the month.
Fresh trading data shows stronger order-book depth and rising spot volumes across multiple exchanges, suggesting that traders are once again paying attention to liquid privacy-focused assets now that the most aggressive phase of the sell-off appears to be over.
Although ZEC remains well below its recent highs, this rebound looks more stable than previous attempts. Market activity is now spread across several platforms instead of being clustered in short bursts—a sign that the token may be building a firmer base as overall sentiment settles in the mid-25 fear range.
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MemeCore Gains Momentum as Community Activity Stays Strong
MemeCore (M) is now trading around $1.34, up roughly 9% over the past 24 hours. The latest push higher comes after a stretch in which its community remained active—even during last week’s intense fear-driven market conditions.
Current trading data shows steady liquidity across its major pairs, while on-chain activity tied to staking and social features continues to hold up. This consistent engagement helps fuel small momentum waves whenever broader market pressure eases.
Today’s rise seems driven by that sustained community participation rather than a single catalyst. Historically, MemeCore performs best when traders seek tokens backed by active user involvement rather than short-lived hype cycles.
Cardano Sees Modest Gains Amid Large-Cap Rotation
Cardano (ADA) is trading around $0.45, up approximately 3% in the past 24 hours. The uptick is modest but mirrors patterns seen across other large-cap cryptocurrencies recently, where liquidity remains solid and flows balance out once Bitcoin stabilizes.
Today’s trading volumes indicate measured participation rather than strong accumulation, yet ADA continues to benefit from its status as a well-established network during risk-averse periods.
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While this movement doesn’t change Cardano’s longer-term trend, it highlights how stable large caps often lead during market pauses following declines.
Altcoin Season Remains Elusive Despite Selective Gains
The broader market still leans toward caution. With the Fear and Greed Index at 25, Bitcoin hovering just above $90,000, and limited rotation across major assets, the conditions for a full-fledged altcoin season have yet to materialize.
The recent gains in Zcash, MemeCore, and Cardano indicate that selective interest persists, but these advances remain narrowly concentrated. Momentum is largely driven by liquidity and active user engagement rather than widespread market enthusiasm.
For now, altcoin season remains out of reach, with only small pockets of strength emerging while overall sentiment stays anchored in the lower fear band.
Conclusion
Bitcoin remains relatively flat around $90,000, while only a handful of altcoins—Zcash, MemeCore, and Cardano—show selective gains. The market is still in a cautious phase, with the Fear and Greed Index at 25, signaling persistent risk aversion. Although individual tokens are gaining momentum through community activity, liquidity, and large-cap stability, a broad altcoin season is not yet underway. Traders should watch for signs of increased market participation and volume before expecting a full market-wide rally.