Bitcoin
Bitcoin (BTC)
$101,327.00 0.15218
Bitcoin price
Ethereum
Ethereum (ETH)
$3,871.92 -0.76897
Ethereum price
BNB
BNB (BNB)
$715.54 -1.44591
BNB price
Solana
Solana (SOL)
$219.64 -1.93033
Solana price
XRP
XRP (XRP)
$2.40 -1.01673
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000275 -2.85348
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000234 -5.56155
Pepe price
Bonk
Bonk (BONK)
$0.0000366 -4.64889
Bonk price
dogwifhat
dogwifhat (WIF)
$2.85 -2.64629
dogwifhat price
Popcat
Popcat (POPCAT)
$1.09 -9.59372
Popcat price
Bitcoin
Bitcoin (BTC)
$101,327.00 0.15218
Bitcoin price
Ethereum
Ethereum (ETH)
$3,871.92 -0.76897
Ethereum price
BNB
BNB (BNB)
$715.54 -1.44591
BNB price
Solana
Solana (SOL)
$219.64 -1.93033
Solana price
XRP
XRP (XRP)
$2.40 -1.01673
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000275 -2.85348
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000234 -5.56155
Pepe price
Bonk
Bonk (BONK)
$0.0000366 -4.64889
Bonk price
dogwifhat
dogwifhat (WIF)
$2.85 -2.64629
dogwifhat price
Popcat
Popcat (POPCAT)
$1.09 -9.59372
Popcat price
Bitcoin
Bitcoin (BTC)
$101,327.00 0.15218
Bitcoin price
Ethereum
Ethereum (ETH)
$3,871.92 -0.76897
Ethereum price
BNB
BNB (BNB)
$715.54 -1.44591
BNB price
Solana
Solana (SOL)
$219.64 -1.93033
Solana price
XRP
XRP (XRP)
$2.40 -1.01673
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000275 -2.85348
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000234 -5.56155
Pepe price
Bonk
Bonk (BONK)
$0.0000366 -4.64889
Bonk price
dogwifhat
dogwifhat (WIF)
$2.85 -2.64629
dogwifhat price
Popcat
Popcat (POPCAT)
$1.09 -9.59372
Popcat price
Bitcoin
Bitcoin (BTC)
$101,327.00 0.15218
Bitcoin price
Ethereum
Ethereum (ETH)
$3,871.92 -0.76897
Ethereum price
BNB
BNB (BNB)
$715.54 -1.44591
BNB price
Solana
Solana (SOL)
$219.64 -1.93033
Solana price
XRP
XRP (XRP)
$2.40 -1.01673
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000275 -2.85348
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000234 -5.56155
Pepe price
Bonk
Bonk (BONK)
$0.0000366 -4.64889
Bonk price
dogwifhat
dogwifhat (WIF)
$2.85 -2.64629
dogwifhat price
Popcat
Popcat (POPCAT)
$1.09 -9.59372
Popcat price

Altcoin rally is coming, CryptoQuant CEO says

altcoin-rally-is-coming-cryptoquant-ceo-says
Edited by
News
Altcoin rally is coming, CryptoQuant CEO says

Ki Young Ju has reported a significant rise in limit buy orders for altcoins, signaling a potential rally.

This surge suggests that investors are establishing strong buy walls for altcoins, excluding Bitcoin (BTC) and Ethereum (ETH), possibly in anticipation of an impending altcoin rally.

“Whales are preparing for the next altcoin rally,” Ju posted on X. 

The increase in limit buy order volume indicates robust buying interest, which often precedes market upswings. For those unfamiliar, limit orders create “quote volume” on exchanges, while market orders generate “taker volume.” 

Whales and institutions, such as market makers and brokerages, typically use limit orders for large trades to minimize slippage.

Altcoins rise as Bitcoin rises

During an altcoin rally, the prices of alternative crypto experience significant increases. This surge is often driven by positive market sentiment, increased trading volumes, and a shift of investor focus from Bitcoin to altcoins. 

Factors such as Bitcoin price movements, fear of missing out, and market speculation play crucial roles in an altcoin rally. When Bitcoin’s price rises, profits often flow into altcoins, further boosting their prices. ​

Limit order indicators are calculated by summing the difference between buy and sell quote volumes over a one-year moving window. An upward trend signifies a rise in quote buy volume, pointing to the formation of strong buy walls. This pattern suggests a potential bullish movement in the altcoin market.