⚡️A simple indicator: How to determine if the alt season has arrived?——
If you don't understand the lines, look at this, a simplified alt season indicator - BTC.D, which indicates the market capitalization ratio of
#Bitcoin# in the entire cryptocurrency market.
Formula: BTC.D = (Bitcoin Market Cap / Total Crypto Market Cap) x 100
You can make a [simple interpretation reference] —
Still rising > alt season not yet
More than 50% > alt season stand by
Reversing down from the high point > alt seasoning
Gradually approaching 40% > alt season maybe ending soon
It's best to look at it in conjunction