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What are the uses of the Alt Season Index?

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The Alt Season Index refers to statistical data that reflects whether the crypto market is currently in a Bitcoin or altcoin season.
Altcoin season indicates whether altcoins (excluding stablecoins) are outperforming or dominating the crypto market compared to Bitcoin.

To determine whether an altcoin season is in progress, it's easy. Simply visit coinmarketcap.com/charts/altcoin-season-index or blockchaincenter.net/en/altcoin-season-index/. If the value is above 70, it indicates an altcoin season. Currently, the altcoin season on Coinmarketcap is at 41, indicating Bitcoin's continued dominance in the crypto market.
 
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