Altcoin season risk: index at 33, long/short ratios >1, BTC dominance fell

In the first week of the year, Bitcoin climbed from $87.5k to $94.8k as BTC Dominance slid from 59.58% to 58.7%, and the altcoin market cap excluding ETH added $82.56 billion (9.97%). CoinGlass's altcoin season index stood at 33, while Alphractal flagged long/short ratios above 1—XRP at 3.06—signaling crowded long positioning and potential volatility.