CryptoQuant: Altcoins show signs of recovery, but it is still too early to judge the beginning of the "shanzhai season"

CryptoQuant analyst Darkfost said in a post that although the US-Iran conflict and inflationary pressures still pose challenges to the market, the altcoin market has recently begun to show signs of recovery. It pointed out that after experiencing an overall correction of more than 50%, the altcoin sector is gradually returning to activity. In addition to being affected by the BTC correction, this round of adjustment is also related to the dilution of market tokens. There are currently approximately 51 million altcoins in the market, of which 46% are deployed in Solana, 36% are located in Base, and 10% come from BSC chains.<br /> It pointed out that the overall performance of Binance's recent launch of altcoins has returned to the level since September 2025. Currently, about 21% of Binance's online altcoins have returned to the 200-day moving average, while in February this year only 2% of the coins remained above this key technology level.<br /> Darkfost believes that this shows that market interest in altcoins is gradually picking up and is an important signal for investors seeking to allocate altcoins. However, it also stressed that it is still too early to judge the beginning of the "copycat season" and market liquidity is still limited.