Today, Bitcoinboy will write an article about Altcoins Season (abbreviated as AS).
Issue 1: Is there really an AS season in this cycle?
According to analysis and monitoring, and through previous cycles, each cycle always has an AS season, but the way MM creates the game is different and the activation time is also different. Currently, in the previous months, the AS index was sideways in the range of 21 to a maximum of 41, but today it is 57/100.
If we consider the AS index starting to be strongest at 75 points, then there are still 18 points left for it to truly be an uptrend season for AS, and at that time, a growth of 40%-100% for a coin per day is very normal.. at this moment, FOMO begins to be very strong, F0 will participate because they see profits increasing exponentially.
Issue 2: If there is AS, how long will it last?
The AS season will last about 100-120 days after BTC breaks the previous ATH cycle. Currently, we see BTC is close to reaching 100K, and top coins have been strongly pumped, infrastructure coins to solidify the blockchain have been activated, and the upcoming major wave will still focus on these top coins and large market capitalizations. Similar to building a house, the blueprint has been prepared beforehand, now is the time to create a solid foundation and a long-lasting community.
Issue 3: What is the MM scenario for the AS season?
MM is the one who creates the game and wants to benefit from both waves (BTC and AS).
Currently shows that the recent pump was just a testing phase by MM to see the market's reaction and the level of FOMO. The next projection is that BTC will have a very large pump... BTC will exceed 100K->110K, and at that moment the AS index will be 75.
Will update further projections !$$BTC
