Darkfost
It might be time to start a DCA strategy on altcoins.
This chart is a valuable tool for identifying favorable periods to buy or sell altcoins with a mid-term outlook. It compares the aggregated 30-day average trading volume of altcoin for stablecoin quote pair to their yearly average. We’ve recently entered a buying zone, which is defined by the 30-day moving average falling below the annual average. Interestingly, the last time we reached these levels was in September 2023, right after the bear market ended. These phases can last several weeks or even months, but historically, they’ve consistently offered attractive opportunities to set up a DCA strategy.