#95%ofAltsBelow200-daySMA Right now, the crypto market is in extreme capitulation mode.
Around 95% of altcoins are trading below their 200-day Simple Moving Average (SMA). This is not normal. This is rare. And historically, such conditions do not last very long.
1️⃣ What Does “95% Below 200-Day SMA” Actually Mean?
The 200-day SMA shows the long-term trend.
• Above 200-day SMA = Long-term bullish trend
• Below 200-day SMA = Long-term bearish trend
Right now:
Only ~5% of altcoins are above it
Around 95% are below it
This tells us:
✔ Most altcoins are in long-term downtrends
✔ Market confidence