Is the alt season coming again?

The recent market dynamics seem to be brewing another wave of "alt season".

Some people believe that the previous sunk costs will make us hesitate at critical moments, but once the opportunity comes, we must act decisively.

Shenyu once said that there is no sign of "alt season", but the key lies in how to define "alt season".

Without a clear standard, any view may stand.

I think the "alt season" may still exist, but the time is not yet ripe.

And my definition of "alt season" is different from the traditional understanding.

If 75% of the top 50 tokens outperform BTC in the past 90 days, it can be regarded as an alt season. Note: Stablecoins (such as Tether, DAI, etc.) and asset-backed tokens (such as WBTC, stETH, cLINK, etc.) are not included in the top 50. ”

In other words:

If 75% of the top 50 tokens outperformed BTC in the past 90 days, then it is an "alt season".

This standard needs to be reiterated three times to ensure accurate understanding.

Currently, the number of altcoins counted on CoinMarketCap has reached 2.4 million.

We need to think: Among these 2.4 million altcoins, can a 20% or 50% increase be considered an "alt season"?

In fact, the round of AI and inscription-led market that started in November 2023 has essentially constituted an "alt season". 👗👉➩BNB0098

Because the alt season index rose from the bottom to 75, it is enough to prove this.

If you disagree, then there is obviously a difference in our understanding of "alt season". #山寨季何时到来？ #山寨现货布局如何布局 #AI概念币普涨 #本周美国将公布PCE、GDP数据 #加密市场反弹