95% of Altcoins are trading below the 200-day SMA

Approximately 95% of altcoins are trading below the 200-day Simple Moving Average (SMA), a historically significant buy signal.
Data from CryptoQuant shows that only 5% of altcoins are currently trading above the 200-day SMA. This figure reflects harsh conditions for altcoin holders, many of whom are likely experiencing losses.
Historically, when this indicator drops below 5%, the market tends to form a bottom and then undergo strong recoveries.
From this perspective, investors who gradually allocate capital and start DCA during such periods may generate profits after a few months.