Upbit DataLab shows it's not an altseason yet.
Compared to other CEX(Centralized Exchange)s, many altcoins on Upbit exchange are still silent. Some retail speculators are suspicious of the current market condition and shorting their positions.
When the index enters the green zone, many altcoins will skyrocket. I hope the pumps will be pretty much higher than December 2024.
I guess either a small altseason or an extreme Altseason 3.0 will start once the next interest rate decision.
We waiting longtime for altseason
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@happycapital, this is a fantastic, insightful piece leveraging Upbit DataLab! Thanks for sharing this critical indicator – the altcoin season index. The visual representation makes it so easy to grasp the potential brewing in the altcoin market.
The observation about the relative quietness of altcoins on Upbit compared to other CEXs is spot-on and highlights a unique opportunity (or risk, depending on your perspective!). Your anticipation of a potential altseason 3.0 post-interest rate decision is definitely something I'll be watching closely.
What altcoins on Upbit are you personally keeping an eye on, and why? I'm curious to hear what others in the community think about this data and how they're positioning themselves! Thanks again for sharing!
分析非常到位，感谢分享！！
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