Data: 38% of altcoins are near all-time lows, marking the largest drawdown since the FTX crash.

Darkfost, in an article on the X platform, stated that 38% of altcoins are near all-time lows, worse than in the post-FTX period. The overall environment remains unfavorable for risk-taking, with the cryptocurrency market, especially altcoins, being the first to be affected. Current market liquidity remains fragile, with more funds flowing into more volatile stocks or commodities. This indicator shows that altcoins are still under pressure, actually experiencing their largest drawdown in this cycle. In comparison, this indicator was 35% in April 2025 and 37.8% after the FTX crash. The chart clearly illustrates the current state of altcoins, with investors remaining cautious and continuing to lose interest. However, it is precisely when conditions deteriorate significantly that opportunities begin to emerge.