In a note from CryptoQuant analyst Darkfost, the current cycle has seen altcoins broadly underperforming, prompting investors to tighten selection criteria. The assessment frames this as prudent risk management rather than a market-wide downturn, stressing disciplined valuation and selective exposure amid evolving liquidity signals.

New trading volume data indicates a potential swing toward a favorable accumulation phase for altcoins. 30-day trading activity for altcoins paired with stablecoins has dipped below the annual average, a pattern historically linked to gradual build-out ahead of a possible bull market continuation.

However, the window may persist for weeks or months, demanding robust risk management and clearly defined stop-loss and invalidation strategies to guard against drawdowns. As volume and sentiment rebound, timely profit-taking will be essential to preserve capital and support durable, risk-adjusted gains.