Some have mentioned that the altcoin season index has reached 90 and expressed concern, but there is no need to be overly anxious, as the altcoin season has just begun.
The so-called "altcoin season index" is used to measure the performance of the top 50 altcoins in terms of their gains relative to Bitcoin over the past 90 days. However, currently, the strongest upward trends in the market are mainly concentrated in large-cap cryptocurrencies, such as XRP, ADA, EOS, DOGE, and so on.
So, the question arises: have other lower-ranked altcoins started to move? The answer is: not yet. So, will smaller market cap altcoins have no opportunity for performance? Certainly not. The altcoin season has just begun, and there is still significant upward potential waiting to be tapped.
Additionally, this index has its limitations and cannot fully reflect the market as a whole. If you want to understand market dynamics more accurately, it is advisable to pay attention to cryptocurrencies ranked between 300 and 500 in market capitalization. These cryptocurrencies possess greater potential and are often overlooked, frequently becoming the core driving force behind the next wave of increases.
In terms of time frame, altcoin season typically lasts for 3 to 4 months, and currently, less than a month has passed. So, do not worry too early; the market is still in its initial stages. When the coins in your possession experience significant surges, it will not be too late to consider reducing your holdings or adjusting your strategy.