⚡️A Simple Indicator: How to Determine if the Altcoin Season Has Arrived? —
For those who don't understand the charts, here is a simplified version of the altcoin season indicator — BTC.D, which refers to the market capitalization ratio of #Bitcoin in the entire cryptocurrency market.
Formula: BTC.D = (Bitcoin Market Cap / Total Crypto Market Cap) x 100
You can use this as a 【Simple Interpretation Reference】 —
Still rising > Altcoin season not yet
Above 50% > Altcoin season stand by
Reversing down from a high point > Altcoin season in progress
Gradually approaching 40% > Altcoin season maybe ending soon
It's best to look at this in conjunction with the $BTC price —
BTC rising + BTC.D rising = Altcoins are weak.
BTC rising + BTC.D falling = Altcoins are strong.
BTC falling + BTC.D rising = People are panic selling altcoins and buying BTC.
BTC falling + BTC.D falling = Panic selling intensifies → Shifting to stablecoins.
However, this can only reflect certain market sentiments and capital flows, and cannot be fully relied upon for investment conclusions. For specific coins, it can be verified with auxiliary indicators!
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