On November 30, I checked the altcoin season index on Coinmarketcap, and it is now only 22.
Do you remember when on September 20th, the index shot up to 78? The market atmosphere was indeed different back then. In the past week, it has only hovered around 24. To put it simply, among the top 100 coins now, only about 22 have outperformed Bitcoin — and this is still based on the performance over the past 90 days.
This index is actually quite intuitive: it tracks the performance of the top 100 alts relative to BTC in real-time. The higher the number, the stronger the alts; conversely, it indicates a situation where Bitcoin dominates alone. Dropping from 78 to 22 shows a clear change in market sentiment.
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RooftopVIP
· 12-01 20:59
78 fell to 22, this wave of fall is incredible... It seems we still need to hold onto BTC tightly.
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DegenDreamer
· 11-30 10:35
78 dropped to 22, this wave of decline is absolute, altcoins are completely unwanted now.
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NFTHoarder
· 11-30 10:35
78 dropped to 22, this fall is hard for anyone to bear, the altcoin season really came and went
BTC is dominant, it feels like us alt players are going to be played for suckers again
If I had known I should have closed all positions in September, now it's too late to regret
If this index falls again, the number of top 100 that can outperform BTC will definitely drop to single digits
Has the alt season really come, or is it just a quick rebound? I seek some psychological comfort
When can we return to 78, the happiness from that time will never come back
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ImpermanentPhobia
· 11-30 10:35
78 fell to 22, this wave is indeed a bit fierce... it feels like we are about to enter the Bitcoin dictatorship era.
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SandwichTrader
· 11-30 10:07
78 fell to 22, this is the reality, the good days of alts are really over.
Alts seasonal index falls to 22, market sentiment changes drastically.
On November 30, I checked the altcoin season index on Coinmarketcap, and it is now only 22.
Do you remember when on September 20th, the index shot up to 78? The market atmosphere was indeed different back then. In the past week, it has only hovered around 24. To put it simply, among the top 100 coins now, only about 22 have outperformed Bitcoin — and this is still based on the performance over the past 90 days.
This index is actually quite intuitive: it tracks the performance of the top 100 alts relative to BTC in real-time. The higher the number, the stronger the alts; conversely, it indicates a situation where Bitcoin dominates alone. Dropping from 78 to 22 shows a clear change in market sentiment.