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Analyst: During the market downturn, other funds are secretly accumulating altcoins.
Beyond the top five mainstream coins by market capitalization such as Bitcoin, Ethereum, and Solana, trading volumes of altcoins on various exchanges are continuously increasing.
This indicates that in the context of the overall market stagnation, trading activity is instead concentrating on altcoins.
Although some investors are pessimistic about the arrival of the "altcoin season," on-chain signals show that another batch of funds is silently building positions.
The upward trend in altcoin trading volume is still ongoing.