PANews reported on March 3rd that analyst Darkfost, citing CryptoQuant data, stated that as of March 2026, 38% of altcoins are near their all-time lows, higher than the 37.8% after the FTX crash, reflecting the largest drawdown for altcoins in this cycle. Darkfost believes that market liquidity remains fragile and is mainly flowing into more volatile stock or commodity markets. He suggests that when market conditions deteriorate to such extreme levels, it often foreshadows a rebound opportunity, and recommends paying attention to potential bottoming signals.