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⚡️ 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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