Is the Altcoin Season Coming? According to the latest data from Coinmarketcap, the Altcoin Season Index is currently at 52, up 5 points from last week. This means that in the past 90 days, about 52 of the top 100 cryptocurrencies by market capitalization have outperformed Bitcoin.
This index is a real-time indicator that helps investors determine whether the market has entered a season dominated by altcoins. Although the index is rising, the market is volatile, and investors should still make cautious decisions. 📈🔍
Overall, the performance of altcoins is worth paying attention to, but it is also important to remain rational and avoid following trends blindly.