ALTCOINS ARE ALMOST AS OVERSOLD AS THEY WERE DURING COVID 🚨
This chart shows altcoin market dominance (excluding top 10) hitting levels last seen during the COVID crash.
Back then, fear was extreme.
Sentiment was broken.
Yet that phase marked the foundation of the next major altcoin rally.
📌 My opinion:
Markets don’t offer life-changing opportunities during comfort — they offer them during maximum pain.
When altcoins reach such deeply oversold zones, it usually means capitulation, not the end.
History doesn’t repeat exactly, but it rhymes.
And this rhyme looks very familiar.
Smart money prepares when confidence is lowest.