Altcoin Market Update
• The broader crypto market is under pressure today — Bitcoin and Ethereum fell after shifting macro sentiment, and this has weighed on altcoin prices.
• Altcoin trading volumes are now below long-term averages, which historically can signal accumulation zones if sentiment stabilizes.
• Despite broad weakness, Terra (LUNA) was a standout with ~42% gains, and Sei (SEI) topped performance among large-cap altcoins — showing that select projects can still rally amid downturns.
• Some altcoins (like Horizen) pulled back after event-driven rallies, reminding traders that profit-taking and thin liquidity can amplify downside.
• ⚠️ Macro cues & BTC price behaviour remain key drivers — watch volume trends, support/resistance zones and news catalysts before entering positions.
