๐ Are we standing at the edge of a new Altseason? The signs are lighting up! โก
๐ According to recent on-chain data, the average monthly altcoin exchange flow has dropped to $1.6 billion, well below the yearly average of $2.5 billion. While subtle, this signal has historically ๐ marked phases of quiet accumulationโright before altcoins go vertical. ๐๐ฅ
๐ Lower flows = less selling pressure. This means holders are either keeping their coins or moving them to cold wallets, anticipating a major move. This same pattern appeared in early and late 2023, and guess what? ๐ The charts are beginning to echo that cycle again. ๐
๐ง Moreover, the TOTAL2 chart (altcoin market cap excluding BTC) just bounced off its 50-week moving average (~$1.11T), showing strong support and the potential formation of a solid structural bottom. ๐ฅ๐
๐ฏ What now? Investors are starting to rotate capital from BTC into fundamentally strong altcoins. Sectors like Layer 1s, DeFi, AI, and Gaming are drawing attention. This might be the perfect window to accumulate before the next ๐.
๐ก๏ธ Pro tip: Use a DCA strategy + risk management = best combo to ride the upcoming altcoin wave ๐๐ช