Darkfost
38% of Altcoins Near ATL, worse than the post-FTX period
The overall environment remains unfavorable for risk-taking, and the first sector to bear the consequences is the cryptocurrency market, particularly altcoins. At the moment, liquidity in the market remains fragile and is rather directed toward equities or commodities, where volatility is more present. This metric shows how much altcoins are still under pressure. In fact, this represents the largest regression of altcoins observed during this cycle. For comparison, this metric reached 35% in April 2025 and 37.8% just after the FTX crash. This chart perfectly illustrates the current situation for altcoins. Investors remain cautious and continue to lose interest in altcoins. However, it is precisely when conditions deteriorate significantly that opportunities also begin to emerge.