CryptoQuant reports show that nearly 40% of altcoin trading prices are close to historical lows, marking the largest correction in the current market cycle. Although Bitcoin and Ethereum have demonstrated resilience, funds remain highly concentrated in these larger market cap assets, intensifying pressure on smaller tokens. Analysts point out that overall liquidity shortages and concerns over macroeconomic indicators such as PMI are key factors, which means that the rally in altcoins may be delayed until liquidity conditions improve and funds shift away from market leaders.
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CryptoQuant reports show that nearly 40% of altcoin trading prices are close to historical lows, marking the largest correction in the current market cycle. Although Bitcoin and Ethereum have demonstrated resilience, funds remain highly concentrated in these larger market cap assets, intensifying pressure on smaller tokens. Analysts point out that overall liquidity shortages and concerns over macroeconomic indicators such as PMI are key factors, which means that the rally in altcoins may be delayed until liquidity conditions improve and funds shift away from market leaders.