⚡️ A simple indicator: How to judge whether the copycat season is coming? —— If you don't understand the line, look at this, a simple version of the alt-season indicator - BTC. D, which refers to the proportion of #Bitcoin's market capitalization in the overall cryptocurrency market. Formula: BTC.D = (Bitcoin Market Cap / Total Crypto Market Cap) x 100 You can make a [simplified version interpretation reference]—— Still on the rise> Copycat season not yet More than 50% > copycat season stand by Reversal from highs down > altcoin seasoning Gradually approaching 40% > the copycat season may end soon It is best to look at it in combination with the $BTC price - BTC rises + BTC. D rise = altcoin weakness. BTC rises + BTC. D down = altcoins strengthen. BTC fell + BTC. D rise = people panic selling altcoins in favor of buying BTC. BTC fell + BTC. D Decline = Panic selling intensifies → to stablecoins. However, this can only reflect a certain market sentiment and capital flow, and cannot be completely used as an investment conclusion.
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