Only 24% of Binance Altcoins Above 200-Day SMA
Only 24% of Binance altcoins are trading above the 200-day SMA, hinting at a potential accumulation opportunity.
- Just 24% of Binance altcoins are above their 200-day SMA
- This could signal a market bottom or buying opportunity
- Historical patterns suggest major moves follow such lows
Recent data reveals that only 24% of Binance-listed altcoins are trading above their 200-day Simple Moving Average (SMA). For traders and investors, this technical indicator often serves as a long-term trend marker. When such a small percentage of coins are above it, it usually signals a period of market weakness—or possibly a rare opportunity.
Historically, when altcoin markets dip this deep below key moving averages, it has often preceded significant rallies. This makes the current state of the altcoin market one that savvy investors are watching closely.
Why the 200-Day SMA Matters
The 200-day SMA is a widely followed technical indicator used to understand long-term price trends. When an asset is trading above this level, it’s considered to be in a bullish phase. Conversely, being below the 200-day SMA suggests bearish momentum.
With only 24% of Binance altcoins above this threshold, the overall sentiment in the altcoin space appears bearish. However, in the world of crypto, such bearish indicators can sometimes mark the end of downtrends—and the beginning of a potential upside.
Time to Accumulate?
Some analysts believe this situation may present one of the best accumulation phases in recent times. With prices beaten down and sentiment low, entering the market now could be a long-term strategic move.
That said, caution is key. It’s essential for investors to do their own research (DYOR) and manage risks properly. Still, for those with a long-term outlook, such conditions have historically led to strong recoveries in altcoin prices.
Read Also :
- Litecoin Holds Strong, Hyperliquid Expands, and BullZilla Dominates the Best New Coins Narrative
- Ethereum Soars 66.7% in Q3 2025 on DeFi Boost
- VisionSys AI Backs $2B Solana-Based Digital Treasury
- OKX’s 35th PoR Shows BTC Rise, ETH & USDT Dip
- Only 24% of Binance Altcoins Above 200-Day SMA
