Let's talk about the altcoin season index.
Some have mentioned that the index has reached 90, which has caused quite a bit of concern.
In reality, there is no need to be so fearful, as the altcoin season has only just begun.
The so-called altcoin index refers to the percentage increase of the top 50 altcoins relative to BTC over the past 90 days.
It's important to note that the main focus of the market right now is on large-cap altcoins, such as XRP, ADA, EOS, DOGE, and so on.
So, have the altcoins ranked lower increased in value?
No, they have not.
Does that mean the lower-ranked altcoins will not be speculated on and will not rise anymore?
Of course not. So you can be completely assured that the market is just getting started.
Only when the coins you hold experience a surge should you be vigilant.
Moreover, this altcoin index is not comprehensive or accurate enough; it would be more meaningful to consider altcoins ranked in the TOP 300 - 500.
Typically, the altcoin season lasts for 3 to 4 months or even longer, and currently, less than 1 month has passed.
