Crypto analysts are spotting early indicators of a potential altcoin season in 2026, driven by improving market metrics. Notably, the percentage of altcoins on Binance trading above their 200-day moving average has increased to 21%, the highest since September 2025. Analysts like Darkfost highlight that despite a 50% correction due to macroeconomic uncertainties, investor interest in altcoins is gradually returning. The AltSeason Index has also risen to 28.6, indicating that 28.6% of the top 50 cryptocurrencies have outperformed Bitcoin over the past 90 days, although this is still below the 75% threshold typically associated with a full altseason. Furthermore, altcoin trading volumes on centralized exchanges are increasing, suggesting a capital rotation from Bitcoin to mid and low-cap altcoins. Analysts predict that if this momentum continues, a broader altcoin rally could be imminent, with the cumulative market capitalization of altcoins potentially rising as high as $8 trillion.