Altcoin Bear Market Nearing End? Analysts Spot Key Reversal Signs! 📉

Altcoin market capitalization has experienced a significant 30% drop this year. However, crypto analysts are now highlighting several indicators suggesting the bear market could be entering its final phase.

Key signs include historically low numbers of altcoins trading above their 200-day moving averages. This metric often signals a potential bottoming-out phase in the market cycle.

Additionally, strong technical support levels are holding firm, coupled with increased accumulation by large investors. This accumulation typically intensifies during periods of low retail interest, signaling potential future growth. 📈

Despite this cautious optimism, some experts warn of potential delays. Weak venture capital inflows and prolonged negative market sentiment could still extend the recovery timeline for altcoins. ⏳