Talk about the current two indicators regarding the altcoin season
The altcoin season must start from the ETH/BTC exchange rate; only when the exchange rate rises to at least 0.03 can we say that the current market is in the altcoin season. If there is no major black swan event, it should not be long before we break through 0.03. 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 is that
when you know the altcoin season is coming, the altcoins have actually already risen by 25%.
Although this is not a big problem for right-side players,
it is unacceptable for left-side players.
In the past, the CMC altcoin season index of 75 was the starting point for the altcoin season, but from this round onwards, 75 may be close to the top of the altcoin season. When the index reaches 75, the altcoin season will tend to be ready to end.