Cryptoquant Analyst shared the critical data that started the Altcoin season! “Is it time to buy?”

USA and China Tariff Tension Between Global Markets Bitcoin (BTC) Ve Kripto Para It also negatively affected the market.

Bitcoin decreases to the levels of 74 thousand dollars, while the tension between the two countries subcoins He was more damaged.

However, the Analyst argued that the market, which has been traded in the red zone for several weeks, shows signs of a great opportunity for Altcoin investors, argued that it may have come to invest in subcoins.

CryptoQuant Analyst Darkfost shared a graph showing Altcoin processing volumes, a tool that is suitable for identifying ideal periods for the purchase and sale of Altcoin.

These graphics compare the total 30 -day average process volume of subcoins to the annual average.

At this point, the analyst recently said that the 30 -day trading volume average in Altcoins fell below the annual volume average, and that this decline was a good time to buy Altcoin historically.

At this point, it is time to start the dollar cost average (DCA) strategy in the analyst subcoins. According to the analyst, it may be a good time to start purchases of Altcoin.

The analyst finally stated that the Altcoin transaction volume was reached in September 2023 immediately after the end of the last month market and reminded that the prices of Altcoin started to rise after this date.

“Currently, we have entered a 30 -day moving average, Altcoin trading volume indicator below a 365 -day moving average and historically entered a purchasing zone.

Interestingly, the last time we reached these levels, it was September 2023 immediately after the end of the bear market.

These stages may take several weeks or even months, but historically, they have constantly offered attractive opportunities to establish a DCA strategy. ”

*It is not an investment advice.