Post
Hassan Imtiaz
📊 More than 75% of altcoins are still underwater, according to Glassnode.
Historically, this has been viewed as a potentially bullish signal, suggesting there may still be significant room for the altcoin market to recover. 📈
Market tops have typically formed when more than 90% of altcoins are in profit, indicating widespread optimism and potentially overheated conditions.
👉 The takeaway: The altcoin market may still have room to run if demand strengthens, but a sustained recovery will be
Disclaimer: OKX Orbit content is provided for informational purposes only. Learn more
Replies
No comments yet. Be the first to reply!
Trending crypto
BTC/USDTBitcoin
$74,672.9-0.01%
ETH/USDTEthereum
$2,122.03-0.01%
SOL/USDTSolana
$86.33-0.02%
Today’s market buzz
1#USCPIDecemberRateWatch
2#TechStocksReboundWatch
3#RocketLabQ3Neutron
