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Talk about two indicators regarding the current altcoin market.
Altcoin season must start from the ETH/BTC exchange rate. We can only say that the current market is in an altcoin season if the exchange rate rises to at least 0.03. Unless there is a major black swan event, breaking through 0.03 should be just around the corner. At 0.043, there will be a mid-stage acceleration for the altcoin season, and now is the starting point.
Currently, the CMC altcoin season index is 36
The awkwardness of this indicator lies in its
When you know the altcoin season is coming, the altcoin has actually pulled 25%.
Although it is not a big problem for the player on the right.
However, it is unacceptable for the player on the left side.
Previously, the CMC altcoin season index of 75 was the starting point of the altcoin season, but starting from this round, perhaps 75 is close to the peak of the altcoin season. When the index reaches 75, the altcoin season will be nearing its end.