BTC Dominance Rising, SMAs Bearish — Top 5 Coins to Watch While the Market Waits

CryptoNewsLand
BTC-0,91%
LTC-0,1%
DOT-3,28%
SUI-1,53%
  • The altcoins are still below the major moving averages indicating low overall market momentum.

  • The increasing Bitcoin dominance still restricts capital flows into altcoins.

  • Before anticipating a lasting increase in the altcoins, technical confirmation is still important.

The cryptocurrency market is still giving a cautious reaction as the Bitcoin dominance patterns increase and altcoin structures are weak. The existing technical indicators indicate that the environment to support a long-term rise in the altcoin has not yet arrived. Statistics indicate that the majority of the altcoins are lower than the 20-day and 50-day simple moving averages, which is generally a configuration that suppresses the upward momentum. This arrangement shows the absence of a solid purchasing force throughout the industry. Meanwhile, the short term average is moving downwards which is not an indication of recovery but rather a weakening momentum.

Is it the right time to buy Altcoins?

The simple answer is “NO”

Because there is no Altseason right now

You just need 2 conditions on this chart to confirm

✅ Price > 20 SMA
✅ 20 SMA > 50 SMA

🟢 2021: Altseason printed generational wealth.
🟢 2024: Rotations worked in 2-3… pic.twitter.com/NfYYqDMgNP

— Our Crypto Talk (@ourcryptotalk) April 17, 2026

Bitcoin dominance has also climbed toward 57%, indicating that capital continues to concentrate in Bitcoin instead of rotating into alternative assets. The present 2026 configuration is an inverse, with the price being lower than the two indicators without an established crossover. Risk reduction has been demonstrated in the past by waiting until the moving average aligns to enter the market, despite the resulting delay in entering the market. Because of this, market participants will continue to concentrate on important technical indicators and only become more exposed to altcoins after.

Litecoin Remains Stable but Lacks Direction

Litecoin remains fairly stable in regard to other smaller altcoins, but the price movement is not strong. The momentum is poor since the asset is still less than both the 20-day and 50-day moving averages. This pattern implies that the trend is not under the control of buyers. Litecoin has steady network activity, but this has not been accompanied by price growth. The shift would have to be beyond important technical levels to justify a more optimistic perspective.

Polkadot Struggles to Break Resistance

Polkadot continues to experience consistent growth, but its price action indicates persistent resistance. The asset is still trading under key moving averages, indicating a sustained selling pressure. Lack of a bullish crossover is an indication that momentum has not been reversed. According to the historical trends, Polkadot tends to outperform in the periods when the altcoin cycles are valid. In the present circumstances, there is a low upside potential.

SUI Growth Narrative Yet to Reflect in Price

SUI has gained interest because of the increase in the development of the ecosystem and the interest of developers. This notwithstanding, its price action is weak. The token remains below key moving averages, indicating the overall bearish behaviors. The market participants tend to withhold their expectations before stronger movements are anticipated through technical confirmation. In the absence of such confirmation, the price activity can be held in check.

Stellar Shows Utility but Weak Market Structure

Stellar still favors real-world applications in payments, but its price performance is still understated. The asset is trading at a discount to the short- and medium-term moving averages, and there is no strong bullish momentum. This design implies that the trend continues to be dominated by the sellers. It would probably take a larger change in market conditions to achieve significant price growth.

Pepe Reflects Speculative Market Conditions

Pepe is very volatile and is mostly dependent on market sentiment and not fundamentals. The token is still trading below the major moving averages, which is indicative of uncertainty. Although price spikes can be short-term, they can be unsustainable. Speculative assets are more likely to be pressured in a market where the dominance of Bitcoin is increasing.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Bloomberg Analyst Mike McGlone Flags $75,000 as Critical Bitcoin Level for 2026

Gate News message, April 23 — Bloomberg analyst Mike McGlone has released an assessment of Bitcoin's performance relative to traditional markets, highlighting $75,000 as a critical threshold for BTC in 2026. According to McGlone's analysis, Bitcoin and the S&P 500 have shown similar performance

GateNews1h ago

Bitcoin ETF Flows Turn Positive for Year, Bloomberg Data Shows

Bitcoin exchange-traded fund flows have turned positive for the first time in months, with all Bloomberg flow metrics now in the green, according to Bloomberg Senior ETF Analyst Eric Balchunas on Thursday. Ben Slavin, global head of ETFs at BNY Asset Servicing (which services 80% of the crypto ETF m

CryptoFrontier1h ago

Bitcoin at $81,848 Would Trigger $1.56B in Short Liquidations on Major CEXs

Gate News message, April 23 — According to Coinglass data, if Bitcoin breaks above $81,848, cumulative short liquidations across major centralized exchanges would reach $1.56 billion. Conversely, if BTC drops below $74,105, cumulative long liquidations would total $1.428 billion.

GateNews3h ago

Bitcoin Futures Open Interest Declines 5.74% in 24 Hours, Total Positions at $60.08B

Gate News message, April 23 — According to Coinglass data, Bitcoin futures open interest across all exchanges fell 5.74% over the past 24 hours, with total positions now standing at $60.08 billion. Among major platforms, a leading CEX

GateNews4h ago

Bitcoin and Ethereum Options Worth $98.7B Set to Expire

Gate News message, April 23 — Bitcoin and Ethereum options with a combined notional value of $98.7 billion are set to expire this month. According to on-chain data, 109,000 BTC options will expire with a put-call ratio of 0.93 and a maximum pain point of $72,000, representing a notional value of $85

GateNews5h ago

Morgan Stanley Purchases 143.34 BTC Worth $11.17 Million

Gate News message, Morgan Stanley bought 143.34 BTC worth $11.17M around an hour ago. Now they hold 1.964K BTC worth $153.41M.

GateNews5h ago
Comment
0/400
No comments