Altcoin trading volume has reached 51% of total cryptocurrency market activity, but rising Bitcoin Dominance at 60.5% suggests BTC may outperform most altcoins in the near term. The altcoin market cap remains unable to break above $1.13 trillion, a resistance level established during the 2021 cycle. Elevated trading volume likely reflects selling pressure rather than bullish accumulation, according to analyst Maartun.

ZKSync rose 15% to $0.076 on November 6 before retracing approximately 12% from its local peak. Technical analysis shows the token trading in a range between $0.066 support and $0.077 resistance. Liquidation data indicates potential movement toward the $0.064-$0.065 zone within one to two sessions, with upside targets near $0.079.

Solana dropped 21% from its recent weekly peak despite U.S. exchange-traded funds recording $421 million in net inflows last week. The token tested the $156.65 support level after breaking below the $168.8 swing low established on October 10. Technical indicators suggest continued weakness despite institutional accumulation.

Dash climbed 49.7% in 24 hours, breaking through the $77.9 resistance from early 2023. The rally occurred as ZCash reached $449.8, its highest level since 2018, reflecting strong buyer interest in privacy-focused tokens across spot and derivatives markets.

Bitcoin recorded its poorest October performance in ten years, trading near $110,000 after failing to hold gains above the $108,000–$117,000 range set in September. ERC-20 stablecoin supply surpassed $250 billion, with Binance holding $48.8 billion, according to CryptoQuant data. The buildup in stablecoin reserves suggests investors may be preparing capital for market deployment despite prevailing uncertainty.

Bitcoin Dominance declined from 59.99% to 59.54% on October 29 as Bitcoin fell 5% while altcoins dropped only 3.62%. Crypto analyst EllioTrades rejected concerns about altcoin market saturation, stating that sufficient room exists for sustained rallies. The analyst noted that each cycle sees select projects rally strongly while others fade, making due diligence critical.

Bittensor has risen 10.75% over the past 24 hours, nearing the upper boundary of its six-month trading range at $471. The token showed strength following the October 10 market correction, when it closed at $290.7 near the range low of $295. Technical indicators, including the Chaikin Money Flow above +0.05 and the Relative Strength Index at 62, point to sustained bullish momentum toward the $470-$480 zone.

Cardano traded at $0.694 after an 11.4% rebound from $0.61 support, but encountered critical resistance at $0.74. Wallets holding 100,000 or more ADA tokens accumulated consistently over six weeks, according to supply distribution data. Short-term indicators show limited upside momentum as Open Interest declined and spot demand remained weak.

Zcash has recorded unusually high trading volumes for multiple consecutive weeks, with its weekly RSI indicator reaching 92.7 in early October—the highest level on record for the cryptocurrency. BitMEX co-founder Arthur Hayes posted a $10,000 price projection for the privacy-focused token, while crypto analyst Bitcoin Jack described it as genuine competition to Bitcoin with semi-quantum readiness.