The Altcoin market was confronted with relentless volatility and a longer sales pressure, so that many investors are questioned when the long-awaited old Season is finally arrived. Since the end of last year, analysts and retailers have been observed exactly after signs of broad recovery in the entire old coin room, but impulse has been steamed when the capital mainly turned into Bitcoin and selected large capsule token.
However, new on-chain data from Cryptoquant offer a possible shift in the mood. As of June 27th, the average monthly exchange flow for old coins dropped to $ 1.6 billion, especially below the annual average of 2.5 billion US dollars. Historically speaking, such reductions in the exchange flow with phases of the consolidation and accumulation of assets are combined, which often proceed from great upward movements.
This indicates that investors may position quietly for the next big altcoin rally and build up the exposure when the prices stabilize and volatility compresses. While the macroeconomic uncertainty and the geopolitical risks continue to weigh the market mood, the underlying trend of the falling exchange flows can signal a brewery shift in market dynamics. If historical patterns are repeated, this environment could mark the early stages of a powerful old -seas season – one that is more powered by accumulation than speculation.
The Altcoin market finds hope in accumulation patterns and historical flow trends
Altcoins has had a hard trip since December, with the majority of assets to drop more than 70% from their local highs. The broader Altcoin market – led by Ethereum – has tried to find a permanent support or to attract sensible demand. Persistent macro uncertainty, geopolitical tensions and capital flight towards Bitcoin have kept old coins in vulnerable condition for months. Despite short -lived rebound, the sector still has a sustainable recovery under control.
However, some analysts do not consider this stagnation as a sign of weakness, but as a basic phase for the next bullish expansion. According to Top Analyst Axel Adler, recent on-chain data offers a potentially optimistic signal. From June 27, the average monthly altcoin exchange flow is only $ 1.6 billion, well below the annual average of $ 2.5 billion. This subdued activity implies a reduced sales pressure and the possibility of calm accumulation by long -term investors.
Adler also refers to historical data that reinforces this perspective. In the table, Green Circles mark previous moments when the monthly rivers fell below the baseline of $ 1.6 billion: in early 2023, at the end of 2023 and August to September 2024. In all cases, these low river periods were preceded by important rallies throughout the Altcoin market.
If this pattern applies, the current environment could be a critical accumulation window before the long -awaited old season. If the liquidity dries out on stock exchanges and sellers disappear, the stage can be set for a supply squeeze and a strong upward dynamics. While the risks remain, the combination of depressive reviews and flow dynamics indicate that old coins could soon awaken from their extended sleep, especially if Ethereum repeats the strength and leads the load.
Total 2 recovery $ 1.11t: key support applies during the rebound
The Total2 chart, in which the entire crypto market capitalization is tracked without Bitcoin, shows that the Altcoin market has a critical level of support after a strong back rim. From June 27th, total2 was 1.11 trillion dollars, which rose 5.75% a week. This level coincides with the 50-week moving average and the upper limit of a longer-term support zone.
After months of underperformance, old coins show signs of strength, bounces off the sliding 200-week average ($ 879 billion) and recover both the 100-week (USD 965 billion) and the 50 weeks ($ 1.11) SMAs. The recent weekly candle shows a strong bullish wear pattern, which indicates renewed interest and capital rotation in old coins. The volume also takes up, which supports the case for a potential trend reversal.
Nevertheless, the Altcoin market remains in a wider consolidation phase. A confirmed outbreak of over 1.2 trillion dollars would mark a clear shift in the impulse and probably trigger wider Altcoin rings. Until then, Total2 must hold the psychological level of $ 1 in order to maintain the structure and trust of investors.
Selected picture of Dall-E, Diagram from Tradingview
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