Experts in cryptocurrency express a pessimistic view on the future of altcoins and provide recommendations for investors amid uncertainty.
Cryptocurrency Boom 2021-2025
Despite new records for Bitcoin, altcoins have not shown significant growth. Analyst Miles noted that increasing supply and low demand hinder the recovery of previous market conditions. "I find it perplexing that individuals are surprised by the continued depreciation of altcoins against BTC. With increasing unlocks and distribution coupled with declining demand, what were you expecting? This is a new market structure – adaptation is necessary," he added.
Bitcoin and Ethereum Amid Uncertainty
PCE data, upcoming tariff announcements, and compliance deadlines raise significant concerns among investors. A rate cut in July is not anticipated, and the impact of tariffs on inflation will be critical for mapping out future trajectory. The possibility of extending deadlines around tariffs adds further risks. However, there is hope for Ethereum. "So far, everything is on track for ETH. If it continues to stay below this significant range, we might test the other side of the range in the coming weeks," noted the expert.
Outlook and Recommendations for Investors
Investors should pay attention to past and future lock-up and unlock schedules of long-term held altcoins, as well as market values observed during previous highs. This could help in setting more realistic goals. Noted analyst Ali Martinez also highlights an upcoming breakout, pinpointing critical zones for BTC's future movements.
In light of the uncertainty in the cryptocurrency market, experts recommend that investors remain vigilant to changes and carefully analyze market conditions.
