The altcoin season indicator is actually somewhat similar to the BTC dominance above, but it focuses more on reflecting the proportion of altcoins. Many people say the altcoin season is over, but I have always emphasized that there will definitely be an altcoin season. First, everyone saw the madness of altcoins at the end of November; although it was relatively short-lived.
As long as the bull market hasn't ended, we can firmly believe that there will be more altcoin seasons ahead.
Don't be fooled by how strong this wave of altcoins is; however, this wave's altcoin indicator only reached around 50. In 2021, the altcoin season indicator peaked at over 90. Even though this wave is worse than the last, it should still reach at least 70-80. It can't just end at 50, so there will be even crazier altcoin seasons to come!
