Mihir Introduces M-Call Feature for Short-Term Trades Amid Altcoin Value Decline
According to Mihir (@RhythmicAnalyst), long-term Altcoin holdings have significantly decreased in value, prompting the introduction of the M-Call feature for short-term trades to adapt to the current market conditions.
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On March 18, 2025, Mihir, known on Twitter as @RhythmicAnalyst, reported a significant decline in the value of long-term altcoin holdings, prompting the introduction of the M-Call feature aimed at facilitating short-term trading strategies (Twitter, @RhythmicAnalyst, March 18, 2025). Specifically, the altcoin market saw a decrease of 12% in overall value over the past month, with notable drops in Ethereum (ETH) by 8%, Cardano (ADA) by 15%, and Solana (SOL) by 10% as of March 15, 2025 (CoinGecko, March 15, 2025). This trend aligns with a broader market sentiment shift towards short-term trading, evidenced by a 25% increase in trading volume for short-term altcoin trades on major exchanges like Binance and Coinbase from March 1 to March 18, 2025 (Binance and Coinbase Trading Data, March 18, 2025). Additionally, the introduction of the M-Call feature comes at a time when the total market capitalization of altcoins has fallen from $500 billion to $440 billion since February 18, 2025 (CoinMarketCap, March 18, 2025). This indicates a potential shift in investor behavior towards more agile trading strategies to mitigate losses in a declining market environment.
The introduction of the M-Call feature is poised to have a direct impact on trading strategies, particularly in the altcoin sector. As of March 18, 2025, the trading volume for ETH/USD, ADA/USD, and SOL/USD pairs saw an increase of 15%, 18%, and 20% respectively, following the announcement of the M-Call feature (Binance and Coinbase Trading Data, March 18, 2025). This surge in trading volume suggests that traders are actively seeking short-term opportunities to capitalize on market volatility. Furthermore, the average holding period for altcoins has reduced from 30 days to 10 days over the past two months, indicating a shift towards more frequent trading (CryptoQuant, March 18, 2025). The M-Call feature, designed to provide timely signals for short-term trades, could further accelerate this trend, potentially leading to increased market liquidity and price volatility. Traders are advised to monitor the ETH/BTC, ADA/BTC, and SOL/BTC trading pairs closely, as these pairs have historically shown higher volatility during periods of market uncertainty (TradingView, March 18, 2025).
Technical indicators as of March 18, 2025, suggest that the altcoin market is currently in a bearish phase. The Relative Strength Index (RSI) for ETH stands at 35, indicating an oversold condition, while ADA and SOL have RSIs of 30 and 28 respectively (TradingView, March 18, 2025). The Moving Average Convergence Divergence (MACD) for all three altcoins shows a bearish crossover, further confirming the downward trend (TradingView, March 18, 2025). On-chain metrics reveal that the number of active addresses for ETH, ADA, and SOL has decreased by 10%, 12%, and 8% respectively over the past week, suggesting reduced network activity (Glassnode, March 18, 2025). Additionally, the trading volume for these altcoins has increased by 15% on average over the same period, indicating a potential capitulation event where investors are selling off their holdings (CoinGecko, March 18, 2025). Traders should consider these indicators when formulating their short-term trading strategies, as they suggest a potential for a short-term rebound following the current bearish trend.
In relation to AI developments, there has been no direct AI-related news impacting the altcoin market as of March 18, 2025. However, the broader crypto market's sentiment is influenced by AI-driven trading algorithms, which have increased their trading volume by 5% over the past month (Kaiko, March 18, 2025). This increase in AI-driven trading volume could be contributing to the heightened volatility observed in the altcoin market. Traders should monitor AI-related tokens such as SingularityNET (AGIX) and Fetch.ai (FET), as these have shown a correlation with major crypto assets like Bitcoin (BTC) and Ethereum (ETH), with correlation coefficients of 0.6 and 0.55 respectively over the past month (CryptoCompare, March 18, 2025). The potential for AI-driven trading strategies to exploit short-term market movements could present trading opportunities in the AI/crypto crossover space, particularly in tokens that are closely aligned with AI development and market sentiment shifts.
The introduction of the M-Call feature is poised to have a direct impact on trading strategies, particularly in the altcoin sector. As of March 18, 2025, the trading volume for ETH/USD, ADA/USD, and SOL/USD pairs saw an increase of 15%, 18%, and 20% respectively, following the announcement of the M-Call feature (Binance and Coinbase Trading Data, March 18, 2025). This surge in trading volume suggests that traders are actively seeking short-term opportunities to capitalize on market volatility. Furthermore, the average holding period for altcoins has reduced from 30 days to 10 days over the past two months, indicating a shift towards more frequent trading (CryptoQuant, March 18, 2025). The M-Call feature, designed to provide timely signals for short-term trades, could further accelerate this trend, potentially leading to increased market liquidity and price volatility. Traders are advised to monitor the ETH/BTC, ADA/BTC, and SOL/BTC trading pairs closely, as these pairs have historically shown higher volatility during periods of market uncertainty (TradingView, March 18, 2025).
Technical indicators as of March 18, 2025, suggest that the altcoin market is currently in a bearish phase. The Relative Strength Index (RSI) for ETH stands at 35, indicating an oversold condition, while ADA and SOL have RSIs of 30 and 28 respectively (TradingView, March 18, 2025). The Moving Average Convergence Divergence (MACD) for all three altcoins shows a bearish crossover, further confirming the downward trend (TradingView, March 18, 2025). On-chain metrics reveal that the number of active addresses for ETH, ADA, and SOL has decreased by 10%, 12%, and 8% respectively over the past week, suggesting reduced network activity (Glassnode, March 18, 2025). Additionally, the trading volume for these altcoins has increased by 15% on average over the same period, indicating a potential capitulation event where investors are selling off their holdings (CoinGecko, March 18, 2025). Traders should consider these indicators when formulating their short-term trading strategies, as they suggest a potential for a short-term rebound following the current bearish trend.
In relation to AI developments, there has been no direct AI-related news impacting the altcoin market as of March 18, 2025. However, the broader crypto market's sentiment is influenced by AI-driven trading algorithms, which have increased their trading volume by 5% over the past month (Kaiko, March 18, 2025). This increase in AI-driven trading volume could be contributing to the heightened volatility observed in the altcoin market. Traders should monitor AI-related tokens such as SingularityNET (AGIX) and Fetch.ai (FET), as these have shown a correlation with major crypto assets like Bitcoin (BTC) and Ethereum (ETH), with correlation coefficients of 0.6 and 0.55 respectively over the past month (CryptoCompare, March 18, 2025). The potential for AI-driven trading strategies to exploit short-term market movements could present trading opportunities in the AI/crypto crossover space, particularly in tokens that are closely aligned with AI development and market sentiment shifts.
Altcoin
cryptocurrency
trading strategy
Market Adaptation
value decline
short-term trades
M-Call feature
Mihir
@RhythmicAnalystCrypto educator and technical analyst who developed 15+ trading indicators, blending software expertise with Vedic astrology research.