In case anyone doesn't know, with the help of the altcoin index, investors determine by how much the growth of the first cryptocurrency differs from its competitors.
The higher the index score, the stronger the gap for altcoins:
0-45 means bitcoin season;
45-55 means parity in growth;
60 and above means a change in trend.
💬 Seasons are cyclical. With the index, investors assess what stage the cryptocurrency markets are in. This information is useful for assessing the likelihood of price movements and opening trades. For example, if the altseasons index is close to a maximum, traders begin to lock in profits and move trades into bitcoin.