📉 Altcoin Market Update: The Trend is No Longer Your Friend?

​The altcoin structure we’ve watched for over a year has officially broken. The rising trendline for the Total Market Cap (excluding BTC & ETH) is lost, and the data isn't looking pretty.

​Key Takeaways:

🔹​The Drop: We are down roughly 35–40% from recent highs.

🔹​The Sentiment: This isn't a "flash crash" or retail panic. It’s a calculated exit of capital from high-risk assets.

🔹​No Demand: We haven't seen a strong "buy the dip" reaction yet, which is a major red flag.

​What’s Next?

​Unless we see a rapid reclaim of this broken trendline, we are firmly in a distribution-to-decline phase. Don't mistake this for "accumulation" just because prices are lower.

​This is how alt seasons typically wind down: slowly, then all at once. ⚠️

​Stay cautious and manage your risk. Capital preservation is the name of the game right now. 🛡️

#altcoins