Aliens of Altcoins: 24% Above 200-Day SMA – Buy Now?

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Only 24% of Binance-listed altcoins are currently trading above their 200-day SMA, according to Joao Wedson, the man with a calculator and a sense of personal destiny at Alphractal. In other words, the market is less “party of the century” and more “bureaucratic garden party with hedgehogs.” Don’t panic. 🚀🫖

Far from euphoric, the altcoin market is presenting rare opportunities for accumulation, which is basically finance’s way of saying “now would be a good time to pretend you’re not panicking while quietly buying things.” The universe, meanwhile, hands you a towel and a spreadsheet, and asks you to enjoy the ride. 😅

Accumulation Opportunity

Historically, when nearly all altcoins pretend to stay above this level, markets resemble a euphoric sauna and often coincide with Bitcoin cycle peaks. Imagine a room full of people suddenly remembering they wore sunglasses on a cloudy day-that sort of forecast. 🕶️

On the other hand, when the metric nears zero, it signals strong accumulation opportunities as most altcoins trade below their long-term average. With just under a quarter of altcoins above the 200-day SMA, Wedson explained that the market is far from euphoric. Such a scenario may present an attractive window for investors to accumulate altcoins ahead of the next potential rally. In Douglas Adams terms: don’t panic, just pace yourself and buy a little more while the spaceship hovers. 🛸📈

The latest development comes after a week of intense volatility that triggered massive declines in several top assets. Currently, Bitcoin is showing signs of a significant breakout from its recent accumulation range as it reclaimed $112K. This uptick indicates that market strength is rotating back to Bitcoin and marks a BTC-led phase, but the implications lie beyond the top crypto itself. It’s not just BTC doing the fandango; it’s the entire galaxy trying to catch its breath. 🪐💫

While this is not a full-scale bull run, Altcoin Vector said that it represents a crucial stabilization, especially after last week’s flushed leveraged positions, which cleared the path for healthier recoveries. As the “oxygen” of the crypto market, Bitcoin’s movements directly influence altcoins. If BTC moves too strongly, altcoins lag; too weak, and they fade. Think of Bitcoin as the air in the room-quiet, but if it goes out, you notice very quickly. 🫁

A stable Bitcoin, however, provides the environment necessary for altseason to thrive. The market now appears set for a reset phase with two potential paths: either BTC remains stable, which is expected to allow altcoins to rotate and strengthen toward year-end, or BTC dominance continues to rise as alts capitulate. Early evidence favors the former scenario for Q4. A tidy little cosmic balance, if you will. 🧭🌌

Biggest Altcoin Season Is Near?

A similar sentiment was echoed by DeFi researcher 0xNobler, who predicted that the biggest Altcoin Season in history is set to kick off this October. According to him, this is a critical phase where low-cap altcoins have the potential to surge 200-250x, turning a modest $50 investment today into $50,000 by the end of Q4. Yes, that’s the kind of math that makes accountants believe in magic. 💥💸

Drawing parallels to the 2021 bull run, 0xNobler added that the current setup mirrors that historic cycle, which makes the current setup the optimal time to buy undervalued altcoins before the anticipated major rally begins. If you’ve ever wanted your digital coins to feel like they’ve auditioned for a blockbuster, now might be the moment.

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2025-09-30 20:04