📌 More than 40% of altcoins are trading near their historical lows.
A figure even worse than the peak of the previous bear market. This shows that altcoins are currently going through one of their weakest phases.
🔹 However, in terms of market cycles, such conditions are usually a sign of oversold conditions and proximity to major bottoms; a stage where, in the past, attractive long-term buying opportunities have often formed.