- Altcoin holders face 70–80% losses since 2021, with the market consolidating between $1.55T support and $1.60T resistance.
- RSI at 51.10 and MACD bearish crossover show weak momentum, though easing pressure suggests possible rebound conditions.
- Analyst Captain Faibik recommends Dollar-Cost Averaging and patience, urging conviction over frequent coin switching for long term gains.
Altcoins remain under high pressure, with many holders seeing losses of 70 to 80% since the 2021 peak. Despite this prolonged drawdown, analyst Captain Faibik noted that patience remains key, urging investors to avoid switching between coins.
He emphasized that conviction and discipline tend to deliver stronger outcomes in the long run. According to him, one decisive price move can reverse years of market pain, making consistency an essential approach.
Consolidation and Current Market Outlook
The total altcoin market capitalization is at $1.56 trillion, with a daily increase of 0.69% or $10.71 billion. Prices show a tight range between $1.55 trillion and $1.57 trillion, keeping values just below July’s $1.6 trillion peak.
After a strong rally from May to July, the market has changed into consolidation, creating resistance between $1.55 trillion and $1.60 trillion. Momentum indicators confirm this phase. The RSI holds at 51.10, while the signal line is slightly higher at 51.70.
This shows neutral momentum after cooling from overbought levels above 70 during July’s rally. However, the absence of oversold readings indicates that downside pressure is not yet dominant.
Technical Indicators Suggest Weak Momentum
Further confirmation comes from the MACD , where the MACD line at 9.35B trails the signal line at 17.49B. This bearish crossover points to weakening momentum, though the narrowing histogram of –8.14B suggests that selling pressure may be easing.
Stable trading volume around 113.34B also shows caution, falling short of July’s peak levels but avoiding sharp declines. This combination indicates that consolidation is the dominant trend. Key support has formed at $1.55 trillion, while resistance persists at $1.60 trillion.
Strategy Emphasized by Analyst
Analyst Captain Faibik advised using Dollar-Cost Averaging (DCA) as a structured approach during these conditions. He explained that investors who purchased at $100 but accumulate gradually near $10–15 could lower their average entry significantly. Such a strategy, he added, increases upside potential when recovery occurs.
He further noted that consistency and patience matter more than frequent coin switching, since conviction in chosen assets reduces emotional decisions. According to him, discipline outweighs hope in sustaining long term gains, even in prolonged downtrends.
