I think there is, because it is a specialty to attract newcomers to this market. As for how it happens, I have no idea. Haha.
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$BTC $ETH $XRP THIS SEASON IS COMPLETELY DIFFERENT FROM THE PAST REGARDING THE ALTCOIN SEASON INDEX
+ Altcoin Season 2017: On December 16, 2017, the index exited the Bitcoin Season zone (below 25) and moved straight into the Altcoin Season zone (above 75), then remained here for 3 months before leaving the Altcoin Season zone signaling a downtrend.
+ Altcoin Season 2021: On January 16, 2021, the index exited the Bitcoin Season zone (below 25) and moved straight into the Altcoin Season zone (above 75), then remained here for 3 months before leaving the Altcoin Season zone signaling a downtrend.
+ This season 2021: On October 19, 2024, the index exited the Bitcoin Season zone (below 25) and moved straight into the Altcoin Season zone (above 75) but only maintained for 7 days and has now dropped back to the 53 zone.
=> In previous seasons, this index when entering the Altcoin Season maintained above 75 for 3 months, but this time only 1 week is out of the Altcoin Season zone, what does this signal???
Currently, the chart shows we are in Wave 2 - Preparing to enter Wave 3 of the Altcoin Season. So the current index is outside the Altcoin Season zone (below 75), indicating that the Market Maker this season is playing very differently from the past. 1 is an unprecedented explosive season in history, 2 is a historical crash??? What do you think? Please comment your opinion below!
Note: This index runs after the price line, so it is not an indicator to determine peak buying and selling points.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.