Crypto analyst Darkfost pointed out: There are signs of fanaticism in the altcoin market, but the current momentum may not last.
CryptoQuant analyst Darkfost said that the recent surge in the altcoin market shows more and more signs of enthusiasm, and the current momentum may not be sustained in the long run.
According to data shared by Darkfost, since June 2026, the total market value of altcoins, including Ethereum (Total2 index), has attracted more than US$371 billion in capital inflows. This means that in just a few months, the total value of the altcoin market has increased by about 45%.
The influx of large amounts of funds into the market is clearly reflected in the technical trend of the altcoins listed by Binance. In August, about 80% of the altcoins traded in Binandian were below its 200-day moving average; this proportion has now dropped to 13%. Correspondingly, about 87% of the altcoin prices traded on the exchange have rebounded above the 200-day moving average, reversing a previous downward trend.
Darkfost pointed out that this broad rise indicates a significant increase in enthusiasm and speculative appetite in the altcoin market. According to the analyst, in the past, the situation of many altcoins rising sharply at the same time was often unsustainable, and the market would eventually lose momentum at some stage.
Another indicator worthy of attention is the accelerated speed at which altcoins are sent to centralized exchanges. The amount of recharge in altcoins has reached its highest level since the last market high in October 2025.
数据显示,每周存入币安的山寨币平均数量已上升至约22,700枚,而在Coinbase上则达到8,300枚。其他加密货币交易所每周记录的充值量约为32,000枚。
然而,Darkfost强调,与以往牛市早期阶段相比,目前的交易所资金流入仍相对有限。分析师的评估表明,虽然山寨币市场的风险偏好正在迅速上升,但当前的行情尚未达到过往周期中最极端的水平。
本文不构成投资建议。

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