To effectively identify Altcoin Season, you focus on two main factors:
1. BTC DOM and Altcoin Season Index: When BTC DOM decreases and Altcoin Season Index increases, altcoins will start to run. This is the main factor, accounting for 70%.
2. Chart #LINK and #OP : Accounting for the remaining 30%
• $LINK often leads the altcoin wave and is also the first coin to create a peak.
• $OP is a strong signal for wave $ETH . When OP increases, #ETH is about to enter the strongest uptrend
Sometimes, small factors like that are used to decide on buying and selling points, increasing the accuracy. Whatever you do, you need to have a plan and flexible thinking.