The altseason index is at historical lows (Mark of 6 points). 🤯🤯
If suddenly someone does not know, with the help of the alt-season index, investors determine how much the growth of the first cryptocurrency differs from competitors.
The higher the index, the stronger the gap between altcoins:
0-45 means bitcoin season;
45-55 means growth parity;
60 and above - a change in trend.
The seasons are cyclical. With the help of the index, investors evaluate the stage at which the cryptocurrency markets are. This information is useful for assessing the likelihood of price movement and opening trades. For example, if the alt-season index is close to the maximum, traders begin to take profits and transfer transactions to bitcoin.
