There are signs of frenzy in the altcoin market, and the upward momentum may be weakening

CryptoQuant analyst Darkfost stated that since June 2026, Total2 has absorbed over $371 billion in funds, and 87% of altcoins on Binance have entered an upward momentum phase. At present, the amount of counterfeit coins deposited into trading platforms has risen to the highest level since October 2025, with Binance depositing an average of over 22700 per week, Coinbase depositing over 8300, and other platforms totaling about 32000. The RSI of Total2 has recently shown a bearish divergence, and the upward momentum of the altcoin market may be weakening.