⚡️A simple indicator: How to judge if the altcoin season has arrived?——
If you can't understand the lines, just look at this, a simplified version of the altcoin season indicator——BTC.D, which indicates 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 make a 【simple interpretation reference】——
Still rising > Altcoin season not yet
Above 50% > Altcoin season stand by
Reversing from a high point and declining > Altcoin season in progress
Gradually approaching 40% > Altcoin season maybe ending soon
It's best to look at it in conjunction with the price of $BTC——
BTC rising + BTC.D rising = Altcoins weak.
BTC rising + BTC.D falling = Altcoins strong.
BTC falling + BTC.D rising = People panic sell altcoins and turn to buy BTC.
BTC falling + BTC.D falling = Panic selling intensifies → Turning to stablecoins.
However, this can only reflect certain market sentiments and capital flows, and cannot be fully used as an investment conclusion. For specific coins, you can verify with auxiliary indicators!