🙄 Altcoins are stuck in a bear phase

📉 CryptoQuant indicator for altcoins ("1Y Cumulative Buy/Sell Volume Difference") falls below -$36 billion again - a signal that demand is sagging

Until the indicator goes at least into the neutral zone, it is too early to talk about the growth of altcoins.

Bitcoin is growing - but this does not mean that the overflow will automatically turn on. This is not happening now

❗️Despite this, you should not retreat into pessimism, all these indicators are just one of the phases of economic cycles. There will definitely be growth, and when is a difficult question

#Altcoins #Altcoin