Whatโs Happening Now?
๐ฏ Altcoin Season Index is at 78 โ Strong altcoin dominance!
๐ด Above 75: Itโs officially Altcoin Season โ Altcoins outperform Bitcoin.
๐ต Below 25: It flips to Bitcoin Season โ Bitcoin takes charge.
How is Altcoin Season Measured?
๐ Index Scale (0-100):
0-25: Bitcoin dominates.
26-74: Neutral or mixed market.
75-100: Altcoins are in full control.
๐งฎ Calculation Example:
Measures the performance of the top 50 altcoins vs. Bitcoin over 90 days.
Current Trend: Altcoins outperforming Bitcoin massively!
Whatโs Next?
๐บ When Will It Peak?
Historically, Altcoin Season peaks around crypto market tops. Watch RSI and market sentiment!
๐ป When Will It Bottom?
Bitcoin Season: Often emerges after a huge altcoin rally, as capital flows back to BTC.
How to Trade This Trend?
๐ Buy Altcoins Early: Identify strong coins with breakout potential.
๐ Time Your Exits: Scale out when the index approaches 90-100 โ it signals overheating!
๐ Rotate Back to BTC: Shift to Bitcoin during market corrections or index drops below 75.
Key Insights for 2024
๐ The current surge suggests a macro uptrend in altcoins.
๐ Volatility Ahead: Watch for Bitcoin regaining dominance post-Altcoin Season.
Example: 2021 Altcoin Season saw Ethereum, Solana, and Avalanche lead the pack โ expect similar leaders in this cycle!
Pro Tips for Success
๐ Avoid FOMO: Enter only with clear signals.
๐ Do Your Research: Not all altcoins will perform equally โ focus on utility and adoption.
๐ ๏ธ Use Tools: Track Altcoin Season Index daily to stay ahead of trends.
๐ก Bottom Line: The market is screaming Altcoin Season. Smart traders are positioning early, but always stay ready to pivot back to Bitcoin for the next wave! ๐