Current Altcoin Bear Cycle is the Longest Ever – What’s Next?
The post Current Altcoin Bear Cycle is the Longest Ever – What’s Next? appeared on BitcoinEthereumNews.com.
While Bitcoin has reached new all-time highs, altcoins haven’t even started their bullish cycle. In fact, altcoins are going through a challenging phase. Their bear market has now lasted longer than any in history. Recent analyses from experts show that altcoins have remained in a bear market for an unusually long period. This raises doubts among investors: Will an “altcoin season” really happen this year? The Altcoin Bear Market Has Exceeded Historical Length May did not bring a “sell in May” effect that would worsen the altcoin downturn. However, altcoin market capitalization (TOTAL3) still needs to grow 40% to reach its previous all-time high. According to analyst Cyclop, the “OTHERS/BTC” chart, which tracks the market cap of altcoins (excluding the top 10 coins) versus Bitcoin, shows that the current altcoin bear cycle has already lasted over 1,200 days. In comparison, the previous altcoin bear cycle only lasted around 945 days. Capitalization Ratio Between OTHERS and Bitcoin. Source: Cyclop Cyclop’s chart shows that altcoins have endured 1,247 days of pain, with the ratio falling from 0.5 to 0.11. This reflects massive selling pressure and persistent pessimism surrounding the altcoin market. Similarly, analyst Crypto Dan points out that the current altcoin cycle has stretched to 1,650 days. That’s much longer than the previous cycle, which typically saw an altcoin season after about 1,400 days. This unusually long duration has shaken investor confidence in the short-term recovery of altcoins. Capitalization Ratio Between OTHERS and Bitcoin. Source: Crypto Dan. Investor Captain Faibik shared his personal story. He has held onto his altcoins with faith and hope for a turnaround. But what he’s seen instead is continued decline — a sentiment shared by many in the market. “The worst part isn’t just the losses — it’s the constant uncertainty. You do your research, follow strong…
