38% of Altcoins Hover Near All-Time Lows Despite Macro Improvement
-

Despite improving macro signals, data from CryptoQuant reveals that roughly 38% of altcoins are currently trading near their all-time lows — a level even more severe than the period following the collapse of FTX. The figure underscores lingering investor caution and weak liquidity conditions across the broader market.
However, extreme pessimism has historically preceded opportunity. While the oversupply of altcoins and tight capital conditions may cap the scale of any immediate rebound, deteriorated valuations could attract selective accumulation. Whether this becomes the foundation for a broader recovery or simply a temporary bounce will depend on sustained macro strength and renewed market participation.