📉 IS THE ALTSEASON CANCELED? CAPITAL IS FLOWING INTO BTC
According to CryptoQuant:
• The volume of spot trading in altcoins collapsed since October 2025
• On Binance, the decline:
→ from $40–50 billion to $7.7 billion (–80–85%)
• On other exchanges:
→ from $91 billion to $18.8 billion
👉 Liquidity from alts is massively leaving
Analysts agree on one thing:
capital is currently concentrating in Bitcoin, not being distributed across the market
📌 The old scenario of “altseason like in 2021” is in question
New market model:
• Not mass growth of all alts
• But targeted rallies under narratives:
→ AI
→ infrastructure
→ RWA
The market is becoming selective
Currently, the phase is:
👉 BTC dominance + weak alts
Not all alts are growing together — this is no longer that market
Setups and narratives are working, not “buying everything at once”