Daily sharing and learning by military advisors: from Eric Millionaire
When can I go all-in on altcoins?
The most likely time for the altcoin season to come is when the altcoin index Total2 (Crypto Total Market Cap Excluding BTC, $) reaches the oversold area at the weekly level again.
In the past 805 days, Total2 has been oversold four times on a weekly basis, the last time on September 11, 2023, and then the six-month altcoin season began. Therefore, the signal worth paying attention to is that when Total2 hits the oversold again, it may be the key time for the next altcoin season to start.
It is worth noting that Total2 reaching oversold does not necessarily mean that the market needs to fall sharply. It may also be like September 11, 2023, when the price is fluctuating and the indicator reaches oversold. I can't guarantee that this time will completely replicate the past model, but I think the market adjustment brought about by this method is relatively mild, which is a more ideal situation.