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Altcoins are getting crushed! 70% are below the 200-day moving average—is a reversal closer than we think?

What’s the most interesting thing about the market?
When prices rise, everyone thinks they’re an investment genius; when they fall, everyone starts studying long-term investing!
Now, another noteworthy data point has emerged in the altcoin market.
CryptoQuant analyst Darkfost pointed out that around 70% of altcoins on a certain exchange are currently below their 200-day moving average, compared with only about 10% in early October.
Meanwhile, the total altcoin market cap has shrunk by ab
NVDA+2.80%
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$200 billion evaporated! 70% of altcoins fall below the 200-day moving average—is money fleeing?

If Bitcoin’s decline is painful, the drop in altcoins may make you question everything! 😂
The latest data shows that CryptoQuant analyst Darkfost noted that about 70% of Binance altcoins have now fallen below the 200-day moving average.
At the beginning of October, that figure was still only about 10%.
This means the overall technical structure of the altcoin market has deteriorated significantly in a short period.
More concerning, the total market cap of altcoins has shrunk by about $200 billion
BTC-0.67%
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The U.S. and Iran are at a crossroads between war and peace. What has happened in the Middle East over the past two days?
Tensions in the Middle East have tightened again, with military pressure and diplomatic efforts advancing in parallel.
01 Iran: Lifts Restrictions on Missile Range
On November 7, Iran’s Islamic Revolutionary Guard Corps announced it had lifted restrictions on missile range, saying weapons production had moved underground and would not be interrupted. It warned that if the U.S. misjudges the situation again, the next strike will be heavier.
02 U.S.: Blockade Extends from Sea
Don't Place Reckless Bets on the Eve of CPI! BTC, U.S. Stocks, and Gold Could Face Three Different Scenarios!

Before every U.S. CPI release, there’s always a group of people brimming with confidence.
Some bet on rate cuts, some are bearish on risk assets, and others think gold is about to take off.
Then the data comes out, and everyone starts questioning their life choices! 🤣
On November 10, the U.S. October CPI is due to be released, and there are three scenarios worth watching most closely this time.
First: CPI comes in below expectations.
Inflationary pressure eases, and rate-cut expectat
AMD+11.55%
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#USNonfarmPayrolls #ShareWeekly
US Nonfarm Payrolls: The Economic Data That Could Shape Global Financial Markets
The U.S. Nonfarm Payrolls (NFP) report is one of the most influential economic indicators in the global financial system. Every month, investors, economists, financial institutions, and policymakers closely monitor employment data to understand the strength of the American economy and anticipate potential changes in monetary policy.
The importance of NFP extends far beyond the U.S. labor market. Its results can influence the U.S. dollar, gold, Treasury yields, stock indices, Bitcoin
GM everyone
touch grass today
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Tong Ge's 11.8 ETH outlook
$ETH Short around 2250-2270, stop loss at 2290, targets: 2210-2180-2150.

After the nearly 500-point A-shaped crash a few days ago, ETH has clearly lost momentum over the past two days, grinding back and forth within a range of just 20 to 30 points.
Seeing that it has stopped falling, many people are starting to wonder if the bottom is in, with their hands already reaching for the buy-the-dip button.
A reminder from Tong Ge: the fact that it has stopped falling doesn't mean it's ready to rise.
Looking at the charts, the 1-hour Bollinger Bands continue to contract, an
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ETH-1.23%
#Gate股票畅聊季 U.S. stocks shed over $4 trillion in a week. When will the data center panic end?

Wall Street endured another turbulent week, with the combined market capitalization of the three major U.S. stock indexes falling by about $4.1 trillion.
The market panic stems from Democrats taking control of both chambers of Congress after the U.S. midterm elections. Investors fear tighter regulation of the artificial intelligence (AI) industry and slower approvals for data center construction, triggering a concentrated sell-off in tech stocks. Treasury yields surged after the latest nonfarm payroll
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#ETH At the current price of 2235, the market is still weakening in lockstep with BTC, with virtually no independent buying. The first short-term resistance is around 2270, followed by the 2320 area, where supply was concentrated previously and which is also a key level for reversing the short-term weakness. A meaningful rebound will require BTC to stabilize and rally on increased volume.

The short-term support below is at 2210, with the key defense zone at 2180–2200. If this support zone is decisively broken, bears could open up more downside and test buying interest around 2150. In terms of
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ETH-1.26%
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BlackRock IBIT Sees $403 Million Exit as Bitcoin ETF Pressure Intensifies
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#GoldmanSachsRemainsBullishOnDataCentersDespiteTheAISelloff
Goldman Sachs Still Sees a Powerful Future for Data Centers: Why AI Demand May Remain Strong Despite the Stock Market Correction
The recent selloff in artificial intelligence stocks has raised an important question: is the AI boom losing momentum, or is the market simply reassessing the companies and valuations connected to it?

Goldman Sachs remains constructive on the long-term outlook for data centers because the underlying demand for computing power, cloud services and AI infrastructure could continue expanding even while techno
#KOR One huge bearish candle, and we're meeting in hell—down over 2,000 U, sigh
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The 2026 League of Legends Worlds is here. Predict and share 150,000 USDT. https://www.gate.com/competition/LOL-2026?ref_type=165&ch=Direct&ref=VLARBF1YAG
America is in a bubble, nurturing a “new America”

Stop waiting for a crisis to erupt or the bubble to burst. Chances are, neither is going to happen.

Not because it can’t burst, but because today’s America won’t deliberately prick the bubble or let it burst easily. This time, a “new America” is gestating inside the bubble, absorbing the world’s resources and continually replenishing the dollar. Once this gets underway, it can’t be stopped midway.

A lot of the fluctuations you see aren’t just market sentiment; someone is “propping up the market.” The way they do it is unusual: not by inflati
SPCX+8.74%
Great $UAI another sharp sell-off is underway. Although the risk of getting stopped out is high, the profits could be substantial if you time it right. I’m going heavily long to catch the rebound😍😍😍$KOMA $IDOL 😍😍😍
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$HMSTR The selling signal is gradually weakening, and the big move is starting. Get in while you can, guys 🤩LONG NOW🔥🔥Tp1: 0.00016Tp2; 0.000185Tp3: 0.00025Sl: 0.000102$KOMA $AIN
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OANDO
Warning: OANDO's fundamentals are shite; I am gonna only focus on technicals.
Last week, we formed a potential deviation, and I expect a potential bounce to come next week. All I wanna see is the bulls reclaiming the 2025 yearly low of N33.1/share.
Failure to reclaim the 2025 yearly low; then the next zone is the X market zone in the region of N13.6-N14.7 per share, which I doubt the market makers of OANDO will want to happen.
Personally, I will never trade this company till I see the right momentum, but this is a memestock
#NFA
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#StakeOnLaunchpoolToShare450KVLX #ShareWeekly
Stake Your Tokens on Gate Launchpool to Share in ~450,000 VLX Rewards – A Clear Opportunity to Put Idle Assets to Work
Gate continues to deliver practical ways for users to earn new tokens without forced selling or complex trading. The latest Launchpool (Project #386) centers on ValueX (VLX) and offers participants the chance to share a total reward pool of 454,546 VLX (commonly referred to as the 450K VLX pool) by staking eligible assets. Rewards distribute hourly and unlock fully into your spot account. This is a straightforward staking campaign
Today's star is undoubtedly CLAUDIA!
Will it keep rising, or are the floodgates about to open?
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The U.S. October CPI report will be released on November 10 at 8:30 a.m. ET. September CPI came in at 3.7% year over year, and markets will be watching closely for signs that inflation is cooling, especially in core CPI. A softer-than-expected reading could strengthen rate-cut expectations, while hotter inflation may pressure risk assets through higher Treasury yields and a stronger dollar. How do you think this CPI print will move $BTC, U.S. stocks and gold?

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