#95%ofAltsBelow200DaySMA – A Critical Moment for the Altcoin Market
The crypto market is once again at a decisive crossroads. A striking statistic is making waves across trading desks and social media feeds: nearly 95% of altcoins are currently trading below their 200-day Simple Moving Average (SMA). For seasoned investors, this is not just a number it’s a signal. A signal of fear, exhaustion, and potentially, opportunity.
What Does the 200-Day SMA Really Mean?
The 200-day SMA is one of the most respected technical indicators in financial markets. It represents the average closing price of an