Bloodbath for alts: where’s the bottom, and what should we expect next? 🩸
📉 Dominance $BTC has settled around 60.7%, while more than $134 billion has been wiped from altcoins over the past two weeks. The market is taking a severe hit. Nearly half of the coins on Binance have fallen below their 200-day moving averages.
Here’s what’s happening with the major assets right now:
💥 Most popular alts are trading 70–90% below their all-time highs, and some weaker projects have hit new all-time lows.
🏞️ Capital is flowing en masse into defensive Bitcoin and infrastructure tokens, leaving retail investors without any quick gains.
With the Altcoin Month Index down to 58, the market is going through a total purge of speculative junk. A genuine reversal and fresh inflows will begin only after Bitcoin establishes a solid structure on higher time frames.
Weak hands have been shaken out, while strong players are accumulating active coins ahead of the next cycle.
Are you holding through the altcoin dip, or have you moved entirely into stablecoins? Let us know in the comments 👇
DYOR / NFA
#BTC
🎃SUBSCRIBE🎃
📉 Dominance $BTC has settled around 60.7%, while more than $134 billion has been wiped from altcoins over the past two weeks. The market is taking a severe hit. Nearly half of the coins on Binance have fallen below their 200-day moving averages.
Here’s what’s happening with the major assets right now:
💥 Most popular alts are trading 70–90% below their all-time highs, and some weaker projects have hit new all-time lows.
🏞️ Capital is flowing en masse into defensive Bitcoin and infrastructure tokens, leaving retail investors without any quick gains.
With the Altcoin Month Index down to 58, the market is going through a total purge of speculative junk. A genuine reversal and fresh inflows will begin only after Bitcoin establishes a solid structure on higher time frames.
Weak hands have been shaken out, while strong players are accumulating active coins ahead of the next cycle.
Are you holding through the altcoin dip, or have you moved entirely into stablecoins? Let us know in the comments 👇
DYOR / NFA
#BTC
🎃SUBSCRIBE🎃
