#95%ofAltsBelow200-daySMA When 95% of altcoins are trading below their 200-day simple moving average, that’s not just a statistic. That’s a market condition. And conditions shape strategy more than opinions ever will.
The 200-day SMA is not magical it’s psychological. It represents long-term trend direction. When price holds above it, confidence expands. When price lives below it, pressure dominates. So if 95% of alts are under that line, we’re not in a hype phase. We’re in a compression phase.
But here’s where most traders get it wrong.
They see “below 200-day” and instantly think: dead mar