Altcoins continue to struggle due to technical pressure and capital outflows toward Bitcoin. According to CryptoQuant, altcoins are currently approximately 27% below their 200-day simple moving average. This level is closely watched by traders and investors, as it indicates sustained weakness rather than a short-term pullback.
The pressure is felt on all major exchanges. On average Altcoyin is trading about 30,8% below its 200-day moving average at Binance, which has the highest liquidity on the market. On other major platforms, such as bybit, Gate.io и KuCoin, the same trend is observed, which indicates that this is not an isolated problem, but an industry-wide trend.
Meanwhile, Bitcoin’s share is growing. It currently accounts for approximately 58%-59% of the entire crypto market. Due to this shift, capital is practically not flowing into altcoins, which is why most rallies have been short-lived and affected only a few assets.
As BTC’s dominance has reached and consolidated at key levels, previous expectations of an imminent altcoin season have largely faded. Fear and Greed Index The cryptocurrency market remains in the fear or extreme fear zone, indicating that investors are still hesitant to take on additional risks.