<ul data-eligibleForWebStory="true"><li>New on-chain data suggests a potential shift in sentiment in the altcoin market with the average monthly exchange flow for altcoins dropping below $1.6 billion, indicating a phase of asset consolidation and accumulation.</li><li>Analysts believe that the declining exchange flows may hint at a brewing shift in market dynamics, potentially signaling the early stages of a powerful altseason driven by accumulation rather than speculation.</li><li>Historical data shows that periods of low exchange flows below $1.6 billion have historically preceded major rallies in the altcoin market, hinting at the possibility of a significant upward move in altcoin prices.</li><li>The TOTAL2 chart indicates that the altcoin market is holding a critical support level at $1.11 trillion after a strong rebound, suggesting signs of renewed interest and potential trend reversal, with a breakout above $1.2 trillion seen as crucial for wider altcoin rallies.</li></ul>

Altcoin Exchange Flows Dip Below $1.6B – History Points To Incoming Rally

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