The Alt Season Index is an indicator that shows whether the market is in a period of active growth for altcoins compared to Bitcoin (BTC). It is said that the "alt season" is coming, when altcoins (ie all other cryptocurrencies except Bitcoin) are growing faster and yielding higher returns than BTC.
The Alt Season Index is an indicator that shows whether the market is in a period of active growth for altcoins compared to Bitcoin (BTC). It is said that the "alt season" is coming, when altcoins (ie all other cryptocurrencies except Bitcoin) grow faster and bring higher returns than BTC.
How is it calculated?
The altseason index analyzes the returns of the 50 most popular altcoins over the last period, for example 30 but usually 90 days. If more than 75% of these altcoins are outperforming Bitcoin in percentage growth, this indicates an alt season.
Why is it needed?
Traders and investors use the altseason index to understand when it makes sense to focus on altcoins or bitcoin. When the index is high, it can be a signal for more active investments in altcoins, and when it is low - in bitcoin.
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