Based on the graph above, the altseason index is still showing a bitcoin season. As we are still early in the altcoin season, the indicator is showing a number of 16, which is far from 75 (altcoin season). If 75% of the Top 50 coins based on market cap (Excluding stablecoins and asset backed tokens) performed better than Bitcoin over the last season (90 days) it is Altcoin Season. We are about to hit the lowest low and as history always repeats itself, it will bounce back even higher to the top. having a good capital management is the best way to claim this opportunity, when people release their holdings at this current level, people who take will be better off in the latter.
pic source: https://www.blockchaincenter.net/en/altcoin-season-index/
