Last week I charted out something interesting: smaller altcoins—the ones sitting outside the top 10—were caught in a persistent downtrend with no real escape in sight.
The setup was pretty clear. We needed to see if they could actually break through that resistance and reverse the pattern. A solid breakout would signal real momentum returning to the smaller cap alts.
So where are we now? Looking at the latest data, you can see the picture is evolving. The question everyone's watching: are these smaller coins finally finding their footing, or is this just another false signal before another leg down? The answer matters if you're tracking altseason potential.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
19 Likes
Reward
19
6
Repost
Share
Comment
0/400
Degen4Breakfast
· 17h ago
It's another fake breakout scam; small coins always deceive like this every time.
View OriginalReply0
ProbablyNothing
· 01-09 11:55
It's those small coins again, talking about breaking through resistance every day, but it's still the same old story...
View OriginalReply0
MeltdownSurvivalist
· 01-09 11:47
Here comes the story of small coins again... Did it break below really?
View OriginalReply0
PumpingCroissant
· 01-09 11:33
Same old story, can small-cap coins turn around just by breaking resistance levels? I remain skeptical.
View OriginalReply0
MoonRocketTeam
· 01-09 11:32
Breakout or false breakout, the key this time is whether it can break through the resistance level; otherwise, it will drop again.
View OriginalReply0
SatoshiChallenger
· 01-09 11:27
It's the same narrative again: small coins are "about to break through" or "about to reverse"... Data shows that the success rate of this type of analysis is... well, you could say it's not much better than rolling dice.
Last week I charted out something interesting: smaller altcoins—the ones sitting outside the top 10—were caught in a persistent downtrend with no real escape in sight.
The setup was pretty clear. We needed to see if they could actually break through that resistance and reverse the pattern. A solid breakout would signal real momentum returning to the smaller cap alts.
So where are we now? Looking at the latest data, you can see the picture is evolving. The question everyone's watching: are these smaller coins finally finding their footing, or is this just another false signal before another leg down? The answer matters if you're tracking altseason potential.