⚡️A Simple Indicator: How to Tell If Alt Season Has Arrived? -- If you can't understand the charts, look at this: a simplified Alt Season indicator - BTC.D, which measures #Bitcoin's share of the total cryptocurrency market capitalization. Formula: BTC.D = (Bitcoin Market Cap / Total Crypto Market Cap) x 100 You can make a [Simplified Interpretation Reference]: Still Rising > Alt Season Not Yet Over 50% > Alt Season Stands By Reversing Down from a High > Alt Season Incoming Gradually Approaching 40% > Alt Season Maybe Ending Soon It's best to look at this in conjunction with the $BTC price: BTC Rising + BTC.D Rising = Altcoin Weakness. BTC Rising + BTC.D Falling = Altcoin Strength. BTC Falling + BTC.D Rising = People Panic-Selling Altcoins and Buying BTC. Falling BTC + falling BTC.D = intensified panic selling → shift to stablecoins. However, this only reflects certain market sentiment and capital flows and cannot be used as a definitive investment conclusion. For specific currencies, it can be verified using auxiliary indicators.
Risk and Disclaimer:The content shared by the author represents only their personal views and does not reflect the position of CoinWorldNet (币界网). CoinWorldNet does not guarantee the truthfulness, accuracy, or originality of the content. This article does not constitute an offer, solicitation, invitation, recommendation, or advice to buy or sell any investment products or make any investment decisions
No Comments
edit
comment
collection28
like33
share