π There are several altcoins that are performing poorly and are close to their all-time lows.
π Bit W offers the most alt exposure with a significant discount, but there are trade-offs and uncertainties regarding how they calculate their AUM.
π Bitcoin dominance remains around 50% and the winds are headed towards an eventual spot Bitcoin ETF, suggesting a bullish outlook for Bitcoin.
π° The alt market cap, excluding Bitcoin and Ethereum, is consolidating and may break the low due to many coins being at or below their all-time lows.
πΌ Fundamentals are often overlooked in a bull market.
In a bear market, the inflation and emissions schedule of altcoins will affect their price.
Comparing different altcoins, AX has more features and potential than other layer ones.
Selling pressure from VC and exchanges adds to the already low market volume.
π Altcoins are facing potential liquidation, with questions about how it will be done.
π° Trading altcoin pairs can be profitable in a bear market.
π Many altcoins, including Curve, are in a downtrend and facing supply issues.
π Most of the charts show a downward trend and lack of bullish reversals.
πΈ Layer twos may be taking value away from layer ones, affecting the coin's value.
π Many charts are at multi-year lows and are likely to continue declining.
Ripple's value is stagnant against BTC and the team may be selling tokens.
Ada's volume is decreasing and its development is lagging behind Ethereum and EOS.
Doge is at a low point and it's not a good time to invest.
Salana's success is dependent on selling its tokens, and it may perform well in Q4.
π Many altcoins, including Tron, Ripple, EOS, Zcash, and Matic, are expected to reach all-time lows.
β¬ These altcoins have been consistently declining and lack strong bullish trends against BTC.
β οΈ Investors are advised to set alerts and wait for specific price levels before taking any action.
π Most altcoins are at multi-month lows and not showing signs of recovery.
π Setting alerts or revisiting the market in October may be the best strategy.
π° Sitting on cash and waiting may be more profitable than investing in these coins.
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