[Analyst: Approximately 84% of Altcoins on Binance Fall Below the 200-Day Moving Average, Weakness Persists for Nearly Eight Months] CryptoQuant analyst Darkfost stated in a post that approximately 84% of altcoins traded on Binance have fallen below their 200-day moving average, a condition that has persisted for nearly eight months. This marks the second-longest period of weakness since 2020, second only to the roughly ten-month record during the previous bear market. The Total 3 index, which tracks the market capitalization of altcoins excluding Ethereum, continues to decline and has confirmed a weekly close below the 200-day moving average. Darkfost pointed out that altcoins in this cycle have shown a high correlation with Bitcoin's price. While the current weakness confirms a downward trend, historical patterns suggest that such periods often present mid-term opportunities. However, stricter asset selection is required in this cycle compared to previous ones.