Altcoins Are Getting CRUSHED 📉 – Is This a Buying Opportunity?
Altcoins are trading at historically weak levels. A staggering ~3% of altcoins listed on Binance are even *above* their 200-day moving average. This isn’t your typical correction; it’s a deep liquidation phase.
Since early October:
• Alt market cap (excluding $BTC & stablecoins) has plummeted ~36%.
• Outside the top 10, the alt market is down a massive ~46%.
• Liquidity is fleeing the market, not rotating between narratives.
Forget about being “late to altseason.” This is a clear shift into defensive positioning. Historically, these extreme conditions often precede major opportunities, not euphoric peaks. 🚀 Don’t expect an instant bounce, but when exhaustion hits, the next move could be significant. History suggests these signals shouldn’t be ignored.
#Altcoins #Crypto #MarketAnalysis #BTC 🚀
