Will this round of "copycat season" happen again?!
To say or not to say.
This wave of copycats is really about to start…
You can make mistakes N times, but the key time must be
Otherwise, the previous sunk cost is really sunk…
The godfish said, there is no more copycat season!
But the key is how to define the three words "copycat season"?
If it's not defined well, then whoever says it makes sense, and whoever says it doesn't make sense!
I have said that I believe there is still a copycat season, but the timing is not right!
And it's different from what many people think of as a copycat season~
You know, I have been using the copycat season index value and chart of the blockchaincenter website for several years.
What I mean by copycat season is as follows:
"If 75% of the Top 50 coins performed better than Bitcoin over the last season (90 days) it is Altcoin Season. Excluded from the Top 50 are Stablecoins (Tether, DAI…) and asset backed tokens (WBTC, stETH, cLINK,…)"
So, remember, it is:
"If 75% of the top 50 coins in the last season (90 days) performed better than Bitcoin, it is considered an 'altcoin season'"
"If 75% of the top 50 coins in the last season (90 days) performed better than Bitcoin, it is considered an 'altcoin season'"
"If 75% of the top 50 coins in the last season (90 days) performed better than Bitcoin, it is considered an 'altcoin season'"
Important things are said three times!
Coinmarketcap currently lists 2.4M+ altcoins.
What kind of copycat season do you want?
In the 2.4M altcoins, is it considered a copycat season if 20% of the coins rise or 50% of the coins rise?
You're dreaming if you think so ※=○☆(＿＿*)Ｚｚｚ
Actually, the market led by AI and Mingwen that started in November 23 is already considered a "copycat season" market.
After all, the copycat season index rose from the bottom to 75!
If you don't think so, then there's nothing to say…
The "copycat season" we each define is different…
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