cryptofamily

Alt Season Index Drops to 18

Like the Fear and Greed Index, the Alt Season Index reflects the overall market sentiment. It is measured on a scale from 0 to 100, where values ​​above 75 indicate a clear alt season, and values ​​below 25 indicate BTC dominance. In the range from 25 to 75, the market is in a “mixed phase”, when there is no mass demand, but individual altcoins can shoot up sharply.

During the entire current market cycle, the index has dropped below 25 points only four times:

1️⃣ April-May 2022 - Terra Luna collapse.
2️⃣ April-June 2023 - a period of sideways movement and fear.
 3️⃣ October 2023 — local minimum before the rally.
4️⃣ June-September 2024 — collapse on the Japanese stock market.

What does this mean?

Historically, such periods have become the best time to accumulate altcoins before their extreme growth.

Fear and capitulation — weakness of alts is often accompanied by panic selling.

So, will we see big green candles?
What do you think?

500 $DEGEN I think it's very hard to wait, it should be resolved in the next six months and I think we'll all realize the same thing