Why Jump the Gun?

August 30, 2022

From the Desk of Louis Sykes @haumicharts

We hate to sound like a broken record. But "patience" is the name of the game in a tape like this.

Looking at the asset class from the top down, it's clear we're still in the basing process. There is perhaps no better visualization of this dynamic than our broad-based altcoin index.

Incorporating just over 300 coins, this equally weighted index tracks all USDT spot pairs on Binance, adjusted for stablecoins, leveraged coins, and other outliers.

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Why Jump the Gun?

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