#DeFi summer and altcoin season analysis.
Traders look at the altcoin season index to determine whether top altcoins have outperformed Bitcoin and if their cycle top is close, to plan the next trade. With the altcoin season index reading 37 on a scale from 0 to 100, top alts are yet to outperform Bitcoin on the 90-day timeframe.
The index shows that it has been 234 days since the last altcoin season when 75% of the altcoins in the top 100 cryptos outperformed Bitcoin in a 90-day timeframe.