I just reviewed the data and the situation with altcoins looks quite complicated at the moment. According to CryptoQuant, 38% of altcoins are hitting all-time lows, which is more severe than even what we saw after the FTX collapse when we were at 37.8%. In other words, we are at the lowest point of this cycle for most altcoins.

The interesting thing is that analysts like Darkfost are pointing out that market liquidity remains very fragile. Money is moving toward more stable assets or those with higher volatility like stocks and commodities, leaving altcoins quite abandoned. But here’s what many are observing: when the market degrades to these extreme levels, a strong rebound usually follows.

It’s not for panic, but it’s also not a time to ignore the signals. Some traders are already seeing this as a potential bottom opportunity, though caution is necessary. Definitely, we need to stay alert to the upcoming movements.