Renowned analyst Michael van de Poppe believes the crypto market is entering a bull run in the so-called 'Banana Zone.' In his podcast, he outlined his altcoin portfolio and how he categorizes them based on profit expectations.
Analysis of the 'Banana Zone'
Michael van de Poppe explained the concept of the 'Banana Zone' in the crypto market, where he expects a strengthening trend towards higher prices for certain altcoins.
Large and Small Altcoins in the Analyst's Portfolio
Among the altcoins that Poppe holds in his portfolio and considers 'large' are Optimism (OP), Celestia (TIA), Bittensor (TAO), and Ethereum Name Service (ENS). He categorizes Renzo (REZ), Omni Network (OMNI), Rocket Pool (RPL), and Aevo (AEVO) as 'small' altcoins.
Analyst's Opinion on Moving Away from Chainlink
The analyst responded to questions regarding why he no longer holds Chainlink (LINK) despite his positive mentions in the past.
Poppe highlights newer altcoins as more promising in terms of profits than older cryptocurrencies like Chainlink. He continues to analyze the market, adhering to his strategy.