Crypto Market Divided as Analysts Debate Future Bull Run Dynamics

Market participants are divided on the future of crypto, with some predicting an imminent altcoin rally while others believe the bull run has ended. Koroush Khaneghah of Zero Complexity Trading highlights two potential scenarios:

Two Scenarios For Crypto

This Cycle Is Different From Others

Increased institutional investment, with BlackRock holding nearly $52 billion in Bitcoin, may lead to shallower pullbacks.
BTC dominance expected to rise, causing capital dispersion among altcoins and preventing strong movements in any single sector.
The memecoin market now matches DeFi in capitalization, indicating a shift in market dynamics.
Altcoins likely to experience fragmented micro bull runs rather than unified growth.

The Bull Run Is Not Over

BTC has only retraced 26% from its peak, less than the historical norm of 40-50%, suggesting potential for upward movement.
ETH's failure to surpass $4,000 may indicate a delayed altseason and an extended overall cycle.
Monitoring the ETH/BTC pair is crucial; a bottoming combined with capital rotation could reinvigorate altcoins.

Khaneghah advises traders to adapt strategies according to market conditions without rigid biases. As of press time, BTC is trading at $81,786.