"Sales Pressure Shakes the Altcoin Market, Accumulations Increase"

Recently, significant developments have been occurring in the altcoin market. On-chain data shared by a CryptoQuant analyst indicates signs of a directional change alongside short-term profit-taking in the altcoin market. According to the analyst's report, Exchange Netflow Heatmap data reveals a noticeable selling pressure, particularly in meme and game-themed coins (Shiba Inu, Gala, SushiSwap).

In contrast, accumulation trends are emerging in artificial intelligence and decentralized finance (DeFi) focused tokens (Fetch.AI, Curve, Synthetix). High volumes of token inflows generally indicate that investors are taking profits or preparing liquidity. On the other hand, outflows from exchanges suggest a decrease in selling pressure and indicate that investors are adopting a long-term stance.

In addition, Fetch.AI stands out with a net outflow rate of -0.71, Curve with -0.60, and Synthetix with -0.50. The market continues to seek balance during the recovery process. According to the CryptoQuant analyst, the overall outlook has shifted from neutral to slightly positive. In the short term, investors are taking profits in coins with high volatility while reallocating their capital towards medium-sized AI and DeFi projects that have stronger fundamentals.

In light of these developments, as October approaches, it is stated that a "balance-focused risk-taking" structure is being maintained. Investors should remain cautious during this transition period and continue to monitor market movements.