CoinMeta data: Altcoin traders are repeating the behavior seen before the market peak in October 2025. According to Glassnode data, the current spot trading volume of cryptocurrencies is nearly four times that of Bitcoin, and this ratio has reached its highest level since September 2025. Analyst Darkfost pointed out that since June, the total market value of Altcoin, which includes Ethereum, has absorbed over $371 billion, with a growth of 45%. At the same time, deposits on Altcoin exchanges have also reached their highest level since October 2025, with weekly deposit transactions on Binance and Coinbase exceeding 22,700 and 8,300 respectively. Nevertheless, Darkfost warns that the current risk appetite may be related to Bitcoin's local peak, and the upward momentum on Altcoin may not be sustainable.