Analysts at the CryptoQuant platform believe the altcoin rotation cycle is gradually coming to an end. They observed that after Ethereum’s brief rally, traders shifted toward other digital assets, but overall activity across altcoins has started to fade. Experts noted that early signs of slowdown appeared after Ethereum’s trading volumes peaked. On-chain withdrawals of ETH from exchanges also suggested traders were becoming cautious, treating rallies as short-term exits rather than long-term accumulation.