Analyst Gave Good News for Altcoins: “The Data That Previously Brought a Rise in Altcoins Has Burned Again!”

Bitcoin (BTC) has surpassed its previous bullish ATH and broken records in a row. At this point, BTC’s last ATH was at $111,900, with new ATHs expected to follow. While Bitcoin has broken many new records in recent months, many altcoins, including the largest altcoin Ethereum (ETH), are still trading below their previous ATHs. As investors await the start of the delayed altcoin season, analyst Axel Adler shared the bullish signal he sees for altcoins. Accordingly, the analyst, who examined the average monthly change flow data of altcoins, argued that this data led to sharp increases in altcoin prices. At this point, Axel Adler said that the average monthly trading volume of altcoins is currently at $1.6 billion, which is lower than the annual average of $2.5 billion. The analyst noted that average flow at these levels points to consolidation and increased accumulation potential for altcoins ahead of the next altseason. Referring to previous data in his analysis, the analyst stated that the average monthly trading volume of altcoins had previously fallen below the monthly base line of $1.6 billion, and then experienced major increases. According to the shared chart, the altcoin’s average monthly trading volume fell below the $1.6 billion monthly baseline in early 2023, the second half of 2023, and August-September 2024. “Historically, in any case, low trading volumes have usually preceded significant price increases in altcoins,” the analyst said. As of June 27, the average monthly altcoin exchange flow stands at $1.6B, below the annual average of $2.5B. This moderate flow suggests asset consolidation and growing accumulation potential ahead of the next altseason wave. On the chart, green circles highlight periods when… pic.twitter.com/VmNjgJLXbG — Axel Adler Jr (@AxelAdlerJr) June 27, 2025 *This is not investment advice. Continue Reading: Analyst Gave Good News for Altcoins: “The Data That Previously Brought a Rise in Altcoins Has Burned Again!”

Source: BitcoinSistemi