Some people say that the indicator for the altcoin season has reached 90, and they feel quite scared. In fact, there is no need to worry; the altcoin season has just begun.
The so-called 'altcoin season indicator' is actually used to measure the price increase of the top 50 altcoins relative to Bitcoin over the past 90 days. As everyone knows, the most popular altcoins currently being traded are some high market cap coins, such as XRP, ADA, EOS, and DOGE.
So, the question arises: have the altcoins that come later increased in value? No, they haven't. Does that mean the altcoins that come later are not being traded? Of course not. The altcoin season has just started, and there will still be opportunities for price increases ahead.
This indicator is not very comprehensive or accurate. If you want to reflect the market situation more realistically, you should look at coins ranked between 300 and 500 in market capitalization. Because these coins have potential but are also easily overlooked.
Typically, the altcoin season lasts for more than 3-4 months, and we are currently less than a month in. So, don't be too anxious; the market is still in its early stages. You can consider worrying when the coins in your hands experience a surge.