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# 95%ofAltsBelow200-daySMA
1.67M
Data shows only about 5% of altcoins on Binance are trading above their 200-day SMA, meaning 95% remain below long-term trend. Historically, such extreme compression often precedes a reversal. With Bitcoin dominance in the key 50-60% range, a pullback could trigger capital rotation, potentially sparking a bear market altseason when hope is lost.
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Data: In the past 24 hours, the total liquidation across the network was $526 million, with long positions liquidated at $316 million and short positions at $210 million.
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