Key Insights
- •Altcoins account for 60% of Binance trading volume this week.
- •Market watchers debated whether a new market cycle was forming.
- •Some traders expected a possible December price move.
Binance traders are paying more attention to altcoins this week as new data showed that these assets held 60% of the exchange’s trading volume. The activity took place on Binance, and it drew reactions from analysts, traders, and online commentators. Notably, market participants linked the move to strong market swings and rising interest in smaller tokens.
Altcoin Held Most of the Trading Volume on Binance
Cryptoquant analysis showed that altcoins made up the largest share of activity on Binance. They held 60% of the total volume, which was the highest level since early 2025. Bitcoin and Ethereum held only 20% each. Per the update, their shares dropped compared to earlier periods when they usually led the market. Additionally, the data showed that traders moved to altcoins because these tokens reacted faster to market moves.
This is because many traders prefer assets that change direction quickly. This period showed strong price swings across the market, and that played a role in how people traded. As noted, traders looked at the numbers to understand what drove activity. They believed the rise in altcoin volume might point to short-term trading. It was also mentioned that rising interest in smaller assets often appeared when the market faces uncertainty. The shift did not confirm a new trend, but it showed how traders behaved during a volatile week. Commentators said altcoins often attracted traders who aimed for quick changes in price. Interestingly, Bitcoin held steady in some moments, while many small assets moved sharply. People who followed these patterns said the market could stay active if the swings continued.
Online Analysts Shared Views on Altcoin and Broader Market Cycles
Meanwhile, influencers are discussing the situation on social platforms. Crypto analyst Chiefy said previous cycles showed the same setup. In his view, older cycles began with a shakeout and later showed strong moves in small assets. He believes some traders would look for similar setups today.
He shared examples from 2017 and 2021, noting that both cycles brought sharp drops before the market turns higher. Low-cap assets moved the most during those periods. He said traders who acted early saw strong gains, but he added that this did not apply to every asset. His posts drew attention because he claimed that low-cap tokens could rise sharply if the same pattern returned. He said traders who studied market cycles might see clues in current behavior. He added that nothing was certain and that the market could shift in many ways. Other voices shared similar views. They said the market often moved in cycles shaped by trading interest and wider factors. Based on their perspective, some traders paid attention to these patterns because they believed the market repeated certain steps.
Market Debate Grows as Some Challenged the Optimism
Not everyone agrees with the positive outlook. One commentator said many altcoins were still down 80% to 90% from last year’s highs. He said the predictions of a major altcoin run did not happen. He also said the theory of a strong Q3 to Q4 rally for 2025 did not match current prices. Based on his post on X, he argued that an “alt-run” meant at least a 10x rise across major assets, and the market did not show that. He warned traders not to accept claims from people who made bold predictions. According to his post, small moves of 40% or 50% near the end of the year did not match earlier claims of a large rally. His comment led to discussions among users who questioned earlier statements from influencers. Some said people should ask for clarity when strong predictions did not come true. Others said they followed the numbers rather than online claims. A few users still believed a move could happen in December. One analyst said a rise of 50% to 100% was possible. He pointed to seasonal patterns that sometimes appeared in the market. The focus on altcoin showed how traders reacted to sharp swings. The shift in volume highlighted where attention was during the week.