⚡️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.