Will this round of "copycat season" reappear? !
Should I say it or not?
This wave of copycats is really about to start...
You can make N mistakes, but the crucial one must be right
Otherwise, the previous sunk costs are really sunk...
Shenyu said, there is no more copycat season!
But the key is how to define the three words "copycat season"?
If it is not defined well, then everyone’s words may make sense, and everyone’s words may make no sense!
Like I said, I think there is still a cottage season, it’s just not the right time yet!
And it is different from what many people think of as the copycat season~
As you know, I have been using the blockchaincenter website’s altseason index values and charts for several years.
What I mean by cottage season is the following:
“If 75% of the Top 50 coins performed better than Bitcoin over the last season (90 days) it is Altcoin Season. Excluded from the Top 50 are Stablecoins (Tether, DAI…) and asset backed tokens (WBTC, stETH, cLINK,…)”
translate:
If 75% of the top 50 tokens outperformed Bitcoin in the last quarter (90 days), it is an altcoin season. Stablecoins (Tether, DAI…) and asset-backed tokens (WBTC, stETH, cLINK…) are not included in the top 50
So, remember, it is:
If 75% of the “top 50 in the last 90 days” tokens outperform Bitcoin, it is considered an “alt season”
If 75% of the “top 50 in the last 90 days” tokens outperform Bitcoin, it is considered an “alt season”
If 75% of the “top 50 in the last 90 days” tokens outperform Bitcoin, it is considered an “alt season”
Important things should be said three times!
According to coinmarketcap statistics, there are currently 2.4M+ altcoins
What kind of cottage season do you want?
Will it be considered an altcoin season if 20% or 50% of the 2.4M altcoins rise?
You are so beautiful, just dream and go to sleep※=○☆(＿＿*)Ｚｚｚ
Actually, the market trend led by AI and inscriptions that started in November 2023 can be regarded as a round of "copycat season" market trend.
After all, the Shanzhai Season Index rose from the bottom to 75!
If you think it doesn't count, then there's nothing to say...
We each define the "copycat season" differently...
