Crypto currency Following the recent uncertainties and fluctuations in the market, there is a significant change in investor expectations. While optimism increases especially for Altcoins among South Korean investors, Bitcoin still continues to be the dominant power of the market. According to a 2,000 participant survey conducted in cooperation with Coinness and Cratos, investors are in the summer months. Altcoin seasonHe believes he can start. However, the horror index is still high at high levels and investor sensitivity throughout the market is cautious.
Eyes for the Altcoin Rally in the third quarter
According to the survey, 36 percent of investors are in other words of the next subcoin season. Altcoin RallyIt predicts that it can start in the third quarter of the year (Q3). A 22 percent segment thinks that this season can hang into the last quarter of the year, 16.7 percent of the Altcoin season has already begun. On the other hand, a segment of 13.3 percent in this year Altcoin marketIt predicts that there will be no rally. 11.3 percent of investors think that the Altcoin season has already ended.
Although Altcoin prices have not made a big leap in recent days, the expectation of investors has been shaped positively. Despite this optimism on the market, 46 percent of the survey participants are still in fear or extreme fear. While a group of 29.3 percent remains neutral, only 24.7 percent of the market says they are hopeful or extremely hopeful of the market. This reveals that the uncertainty created by short -term fluctuations is still effective on the market.
Altcoin season index says “we are far away to the rally”
According to CoinMarketcap data Altcoin Season Index Currently only at 16 levels. This threshold is well below the level considered as the starting threshold of the Altcoin season. This indicates that Bitcoin maintains its dominant position on the market. Especially after the short -term sales pressure of US President Trump’s tariffs Bitcoin75 thousand dollars recovered from the level of rise again.
Bitcoin’s market domination remains over 60 percent after the commissioning of Bitcoin ETFs at the beginning of 2024. Altcoins represent less than 40 percent of the total market value. Despite the rise of Bitcoin subcoinsThe difficulty in gaining acceleration is considered as an important indicator in terms of market leadership.
On the other hand, experienced crypto currency analyst Altcoin Gordona large bull market in the near future, indicating that the technical signals pointed out that the increase. At this point, Bitcoin’s exceeding $ 87,000 again and currently being traded on a threshold of $ 88,000 is interpreted as an important sign for the market.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
