The post Altcoins Hold Strong as Bitcoin Falls 24% But in the middle of this chaos, altcoins are acting in a way no one expected. Well-known analyst Bull Theory says altcoins are not crashing with Bitcoin, they are actually holding up better. This rare behaviour may be the first sign that the market is getting ready for a new phase. Altcoins Refuse to Collapse, While Bitcoin Bleeds Crypto analyst Bull Theory highlighted a major change occurring quietly on the charts. While Bitcoin has fallen more than 24% in November, the ALT/BTC ratio has increased by nearly 9. 5%. Normally, when Bitcoin falls this much, altcoins fall even harder. But this time, they are holding up instead of breaking down. According to the analyst, this typically occurs only after a strong wave of altcoin seller exhaustion, when most holders have already sold, leaving little selling pressure behind. However, the ALT/BTC chart supports this view, showing that altcoins faced heavy selling in October, but from early November they slowly started to rise, even as Bitcoin continued to fall. 60% of Binance Volume Goes to Altcoins Backing this view, CryptoQuant analyst Maartunn pointed out a big shift in trading activity on Binance. He noted that altcoins now make up around 60% of all trading, the highest level seen since early 2025. In comparison, Bitcoin and Ethereum together account for only about 20%. This kind of trading split has often appeared during periods when traders become more active and take more risks. . article-inside-link { margin-left: 0 ! important; border: 1px solid #0052CC4D; border-left: 0; border-right: 0; padding: 10px 0; text-align: left; } . entry ul. article-inside-link li { font-size: 14px; line-height: 21px; font-weight: 600; list-style-type: none; margin-bottom: 0; display: inline-block; } . entry ul. article-inside-link li: last-child { display: none; } Also Read : Why Crypto Is Crashing Today: Analysts Warn BTC Could Break Below $80K After Global Market Panic Bitcoin Reaches Oversold Levels While altcoins are showing unexpected strength, Bitcoin is hitting some of its most oversold levels in years. The daily RSI has dropped to its lowest point in two years, and the weekly RSI is now back to where it was in January 2023. On top of that, the daily MACD is at its lowest reading ever recorded. These kinds of signals usually appear when a sell-off is close to ending, not when a new downtrend is just starting. These signs usually show up when a big fall is almost done, not when a new crash is starting. This means Bitcoin might be close to finding a short-term bottom soon. As of now, bitcoin is trading around $83,953, reflecting a jump of 2. 5% seen in the last 24 hours. FAQs.
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Altcoins Hold Strong as Bitcoin Falls 24% in November
