Ted Hisokawa
Jan 28, 2026 11:04
Glassnode’s newest altcoin evaluation arrives as Hyperliquid surges 28% whereas Bitcoin stalls beneath $90K. What the information reveals about rotation patterns.
Glassnode launched its thirty ninth version of The Altcoin Vector on January 28, providing professional-grade evaluation of altcoin market setups simply as a notable divergence emerges between Bitcoin and the broader crypto market.
The timing could not be extra related. Bitcoin recovered from a one-month low after a pointy sell-off, stalling beneath $90,000, whereas sure DeFi tokens ripped greater. Hyperliquid jumped 28% in a single session, highlighting the sort of rotational alternatives the weekly report goals to establish.
The Rotation Sign
With whole crypto market cap sitting at $3.03 trillion and Bitcoin dominance hovering round 57-58%, merchants are watching intently for indicators of capital flowing into higher-beta altcoin performs. The Altcoin Season Index—which tracks whether or not the highest 100 altcoins are outperforming BTC over a 90-day window—stays a key metric for timing these shifts.
When altcoins begin outpacing Bitcoin constantly, it sometimes alerts elevated danger urge for food and the sort of FOMO-driven rallies that characterised earlier cycles. The Might 2021 altcoin surge noticed the highest 100 altcoins’ mixed market cap attain roughly 130% of Bitcoin’s worth.
Blended Indicators Throughout the Board
Not all boats are rising with this tide. Whereas Hyperliquid posted double-digit good points, tokens like 1inch and JUST recorded notable losses on the identical day. This dispersion suggests merchants must be selective somewhat than broadly lengthy altcoins.
Technical analysts have flagged bull flag formations showing throughout a number of altcoin charts, doubtlessly organising a subsequent leg greater—however provided that Bitcoin can stabilize and supply a supportive backdrop.
What Merchants Ought to Watch
Glassnode’s on-chain strategy to altcoin evaluation focuses on figuring out “high-conviction setups” somewhat than chasing momentum blindly. With Bitcoin’s near-term route unsure after its latest volatility, the report’s emphasis on data-driven positioning turns into extra beneficial.
The complete evaluation is accessible to subscribers on Glassnode Insights. Given the present market construction—Bitcoin consolidating whereas choose altcoins get away—this week’s version could provide well timed steerage on the place the sensible cash is rotating subsequent.
Picture supply: Shutterstock
