80% of Altcoins are currently below the 50-day Moving Average, and a large portion are also below the Bollinger Band on the daily chart.

This highlights the importance of following the Altcoin Season Index, which we frequently share here, providing clear signals of market-wide reversals in the crypto space.

The market downturn can be seen as a reset for many metrics, and soon, we’ll discuss when the next opportunities for altcoins will arise.

In the meantime, you can track everything in real time at Alphractal