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As the crypto market enters the fear zone, discussions about altcoin season continue.

The crypto market sentiment has shifted to fear, with sentiment sources indicating that investors are temporarily retreating on the risk curve.

Clearly, investors have lost interest in obscure altcoins and are discussing which major asset will break through next.

The cryptocurrency market seems to be increasingly focused on large-cap crypto assets like Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP). The heightened attention to large-cap coins may indicate that investors' sentiment is more cautious or risk-averse.

The price of Bitcoin "remains unstable"

This comes at a time when the call for altcoin season among investors is growing louder. However, this may not happen until more crypto ETFs are launched later this year.

At the same time, on Sunday, the Crypto Fear & Greed Index, which measures overall market sentiment in the cryptocurrency market, recorded a "fear" score of 44, down from a "neutral" reading two days earlier.

Some investors are also questioning the short-term performance of major assets. Cryptocurrency investors say that the price of Bitcoin is "still unstable."

Bitcoin has fallen by 5.38% this month, while Ethereum has risen by 9.44%.

However, other indicators suggest that the market is still moving downward along the risk curve.

"The latest altcoin turmoil," the investor said.

On Sunday, the Altcoin Season Index recorded a score of 56 (out of 100) for "Altcoin Season." This indicator fluctuates between Altcoin Season and Bitcoin Season based on the performance of the top 100 altcoins relative to Bitcoin over the past 90 days.