Is the wave of altcoins about to arrive? Let's take a look at the market and the altcoin index.
Some say that the spring of altcoins has arrived, and a big influencer predicts that December 23 is the starting point. Look, some altcoins are rising even more than Bitcoin and Ethereum! However, we can't just listen to these claims; we need to keep an eye on the market ourselves.
Just watching the time isn't enough; saying that the altcoin season has arrived isn't a strong enough reason, so everyone should refrain from blindly following the trend.
Personally, I think the altcoin season might not really come until next month. For now, we can take a look at which altcoins are cheap, but we need to be patient and wait.
During the Christmas period, the overall market will likely still be fluctuating, and our opportunity to buy altcoins at the bottom is coming again—this time we must seize it!
Currently, the altcoin index is 49, not too high and not too low. Whether or not it is truly altcoin season, we still need to observe further. In the past, there weren't many instances where the altcoin index dropped from a high point and then surged directly upwards. Generally, when Bitcoin rises, altcoins might explode in response.
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