Altcoins created a noticeable divergence in the market by standing out unusually stronger compared to Bitcoin during last week's get dumped (BTC).

Last week's sharp pullback naturally had the market's attention on the price of Bitcoin, but on-chain data indicated a different picture. Analysis shared by Glassnode revealed that altcoins, which have been underperforming for a long time, demonstrated a better stance than Bitcoin in this downturn. This situation has turned into an important signal in terms of both investor psychology and market structure.

According to the analysis, the altcoin market has started to overcome its accumulated weakness for a while, and many categories showed higher resilience than BTC in the last decline. Glassnode's statement indicates that "most altcoin groups performed better than Bitcoin" when viewed sectorally, which shows that the recent significant divergence is a data-supported picture. This movement is interpreted as an early signal of the market's risk appetite.

Glassnode data reveals that the resilience in altcoins is not due to a singular coin, but rather stems from a broader sector movement. Especially in recent months, categories that have lagged in performance have shown strong recovery signals during this decline. This scenario has opened the door to a new discussion regarding the direction of the market from the perspective of investors.

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