Altcoin Market Shows Signs of Recovery Potential Despite Prolonged Decline
The altcoin market has been experiencing a prolonged decline over the past year, with prices dropping by 45%. However, recent data suggests that selling pressure is easing across some assets.
Infrastructure tokens appear to have stronger fundamentals than their current prices indicate. A shift in market structure could enable significant recoveries without reversing the overall trend.
According to analysts, altcoin sell pressure has reached a five-year extreme, marking one of the longest distribution phases on record. For 13 consecutive months, altcoins have experienced net selling across centralized exchange spot markets.