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I just noticed that the Altcoin Season index on CoinMarketCap is showing a quite positive signal - it has risen to 37, an increase of 5 points compared to the previous day. This is a figure worth monitoring because it reflects the performance of the top 100 coins relative to Bitcoin over the past three months.
In fact, this altcoin season index is indicating a shift in market momentum - altcoins are gradually attracting more attention compared to Bitcoin. It’s clear that cryptocurrencies other than Bitcoin are beginning to make stronger strides.
If the altcoin season index continues to rise, it could signal a period where altcoins become the market’s focus. But it’s also important to note that these indicators are only for reference; the market can change at any moment.