1 hour ago
0 0
Analyst Claims Old Crypto Cycles Are Over, Altcoins Enter New Regime
The crypto market has lost over $1 trillion in market capitalization since October 10, driven by large-scale liquidations and selling pressure.
Changing Market Dynamics
- Investor sentiment towards altcoins has shifted due to the decreased volatility and maturity of the market.
- Nic Carter noted that the crypto space has matured, with less chaos and more serious businesses involved.
- The old cycle of euphoria, correction, and accumulation is deemed obsolete by analysts like Altcoin Sherpa.
New Market Regime
- Current market exhibits short-term uptrends (1-3 months) followed by longer downtrends (2-6 months).
- Investors should not expect massive gains akin to the 2021 altseason; instead, they should capitalize on short-lived gains.
- Coins are expected to recover faster than before, but the absence of a prolonged accumulation phase could weaken future rallies.
