This data metric suggests the crypto market could soon see another "altseason"

The crypto market has taken a beating throughout the past few days and weeks, with sellers taking full control over altcoins as Bitcoin oscillates within a relatively wide trading range between $10,200 and $11,200.

The crypto market has been dealt multiple blows throughout the past week, starting with the $150m KuCoin hack, followed by news surrounding the CFTC's pursuit of the BitMEX co-founders on charges of violating multiple regulations.

Turbulence in the traditional market as a result of President Donald Trump's Coronavirus diagnosis added to the crypto market's weakness and may continue creating fear amongst investors.

DeFi crypto tokens hit hard by market-wide turbulence.

The digital assets within the decentralized finance sector have been particularly struck by the recent crypto market downturn.

According to CryptoSlate's proprietary data, the DeFi coin sector has shed 11 percent of its value throughout the past seven days.

As long as there is turbulence throughout the broader market, these crypto assets will likely continue seeing a pattern of underperformance.

This indicator suggests the DeFi sector may soon kick off another uptrend.

They note that there is an obvious downtrend in volume that, once broken, could be a sign that a leg higher is imminent for this fragment of the crypto market.

Once the trendline in the above chart is broken above, it could be a sign that another round of DeFi mania is imminent for these crypto assets.