New Version, Worth Being Seen! #GateAPPRefreshExperience
🎁 Gate APP has been updated to the latest version v8.0.5. Share your authentic experience on Gate Square for a chance to win Gate-exclusive Christmas gift boxes and position experience vouchers.
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Key new features and optimizations
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⚡️Will the alt market soon take off?
The chart shows the ratio of altcoin market capitalization to Bitcoin.
🟠 Altcoins have been declining against Bitcoin for almost 4 years.
The yellow line at the top represents the downtrend since 2022.
🟠 Attempts to break upward in March and November 2024 failed.
Both are marked on the chart. The market was not ready at that time.
🟠 Currently, the indicator has hit the lower boundary of this trend.
Pressure on altcoins is already at its maximum.
🟠 The MACD indicator (from the bottom) has been in the negative zone for 43 months.
This also shows signs of a reversal.
Generally, such negative news about the market can serve as very good fuel for future growth. Altcoins are currently really testing the bottom.
What do you think, are we heading to 2026?