Altcoins Emerge From Crypto Winter After 1,247-Day Bloodbath

Market bottoms aren’t pretty—but this one’s been downright brutal. After three years and five months of relentless selling, altcoin traders finally see green shoots.

The great crypto purge: How speculators got rinsed

While Bitcoin maximalists gloated, altcoin portfolios turned to dust. Now the charts whisper what bagholders prayed for: capitulation’s over, accumulation’s begun.

Just don’t tell the VC funds who pumped worthless governance tokens at 100x valuations. Their ’patient capital’ still needs another exit window.

• The altcoin market shows signs of bottoming after a historic 1,247-day downtrend.
• The “Others/BTC” ratio signals a potential reversal, echoing patterns that preceded past altcoin rallies.
• Possible start of a new altcoin cycle, as capital could rotate from Bitcoin into mid- and low-cap assets.

After more than three years of relentless underperformance, altcoin investors may finally be approaching a turning point. According to prominent crypto analyst @nobrainflip, a key market ratio suggests the altcoin market is forming a long-term bottom, possibly ending an unprecedented 1,247-day downtrend.

In a recent post on X, the analyst highlighted a compelling technical signal: the “Others/BTC” ratio, comparing the total crypto market cap excluding the top 10 coins to Bitcoin’s market cap, is flashing signs of a structural reversal. Viewed on a monthly time frame, this ratio appears to be bottoming out, echoing patterns that previously preceded major altcoin rallies.

What calms me down about alts?

When everything is too good → market top
When everything is too bad → market bottom

It’s a golden rule – to sell or buy, ppl need some trigger.

1247 days of hell for altcoin holders…

How could it get any worse???

The bottom is very close. pic.twitter.com/FY5HnikfeR

“When everything is too good → market top. When everything is too bad → market bottom,” the analyst wrote, invoking a classic market maxim that extremes in sentiment often mark inflection points.

Altcoins have been in decline since early 2021, when the ratio last peaked during a period of explosive growth in lower-cap tokens. But unlike past cycles, the current correction has dragged on for 1,247 days, longer than the previous two combined. The last major downturns lasted 945 and 426 days, respectively, each followed by a notable rally in altcoins.

This cycle’s duration and intensity may be precisely what sets the stage for a rebound. Despite higher trading volumes throughout this bear phase, altcoins have continued to bleed value relative to Bitcoin. However, that persistent underperformance could now be reaching its climax.

Furthermore, cryptocurrency strategist Michaël van de Poppe suggests the altcoin sector is approaching a pivotal shift. In a recent update, he indicated that the ongoing bear market for altcoins may be drawing to a close, potentially paving the way for an unprecedented bull cycle. Van de Poppe argues that the upcoming expansion phase could surpass previous market surges in intensity, noting that this current cycle breaks from traditional historical trends in both its structure and timeline.

This deviation signals that the next one to three years might present crypto investors with a market environment unlike anything seen before.

Altcoin Bottom Signals Emerging

Historically, crypto market bottoms are formed not on optimism, but on exhaustion, when fear dominates, sentiment is crushed, and prices reflect worst-case scenarios. That’s the landscape today for alt-tokens: deeply out of favor, trading NEAR historic lows in BTC terms, and overlooked by most investors.

Yet these very conditions, compressed valuations, extreme pessimism, and a stretched correction timeline, could be laying the groundwork for a sharp reversal.

The catalyst? It’s impossible to predict with precision. As the analyst notes, markets often need a trigger to transition from fear to greed, a moment when selling pressure dries up and sidelined capital begins to re-enter. Whether that comes from a macro shift, a new narrative, or renewed retail interest, the ingredients for a change appear to be in place.

If the Others/BTC ratio truly is bottoming, it could mark the beginning of a new altcoin rotation cycle, one where capital begins to flow beyond Bitcoin into mid- and low-cap assets. Historically, these cycles have driven some of the crypto market’s most explosive gains.

While caution is still warranted, long-suffering altcoin holders may finally have reason to hope: after 1,247 days in the cold, the thaw may be coming.

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