"38% of altcoins are at all time lows, BUY NOW"

Even more than the FTX Collapse
Everyone is :
Buy $TAO under $200
Buy $LINK under $10
Buy $VET under $0.01
Buy $ONDO under $0.50
and more..
Nobody is :
- doing the actual math.
- asking the right questions.
- saying this is not as bullish as it looks.
So we will.
Here is why this narrative is lazy :
38% sounds massive until you realize we have had thousands of new altcoin launches since 2022.
The total altcoin landscape has exploded and most are failed launches.
38% of a much bigger pool is not the flex people think it is.
This metric has been RISING since January 2024.
> That is not a bottoming signal.
> That is a deteriorating market.
A truly bullish signal would be a spike DOWN, not a continuation higher.
Peaks in this metric marked local bottoms in 2023 and early 2024. We have not seen that reversal yet.
CT is calling the bottom before the bottom has even formed. The real trade here is patience.
Wait for the first meaningful spike below current levels. That is when the setup actually becomes interesting.
January 2023 was the first spike, next big move was after a gap of 6 months.
Right now you are just catching a falling knife and calling it a value buy.
Stop letting pretty charts gaslight you into bad entries.