Popular crypto currency Miles, one of the analysts, says that the old rally, who has been longed for the Altcoins for a while, will not come. He also mentioned that investors waiting with enthusiasm in today’s evaluation will be upset. At the time of the article, the price of BTC continues to remain at $ 107,460 and ETH is still below $ 2,500.
Crypto Money Bull 2021-2025
Bitcoin $107,254.55 price Although it sees new summits, there is no expected movement in the subcoins. There are some analysts drowned in negativity while investors have been going on for years. Miles says that one of them cannot be returned to the old days for reasons such as increasing supply for many Altcoins.
“People’s subcoins BTC I don’t understand why they are surprised to continue to lose value. What did you expect when there was an increasing lock opening + distribution and decreasing demand in parallel? This is a new market structure – you need to adapt. You can’t play like in 2021 and wait for it to work. “
I can say that the increasing key opening in some subcoins may justify Miles. Especially in 2021, many crypto currencies, which entered our lives, were listed in the stock markets by circulating 10 %of the total supply. The supply in the bear markets has increased continuously and the number of subcoins has increased significantly. Now there are too many layer2, defi, RWA, AI Altcoini, and despite strong competition, the demand is still quite weak.
Investors hold in the long run in the long run Altcoins It may be useful to examine the past and future lock opening calendars and to set real targets according to it by taking a look at how much the previous summits have seen with the record of market value.
Bitcoin and Ethereum
Will come tomorrow PCE dataTariff agreements, which are expected to be announced on the day of Liberation on July 4, have a lot of justified reason for investors to worry about the last day about the 9th of July tariffs. The Fed does not download the interest rates in July, and the effects of tariffs on inflation will be decisive for the next roadmap.
The potential of bad scenarios, such as the probability of postponing the deadline for the last date of July 9, the lack of expected agreements on tariffs is not zero. But still poppe Eth continues to wait with hope.
“Everything is fine for ETH so far. If we continue to be under this important range, we are likely to test the other side of the range in the coming weeks.”
Ali Martinez says we can soon break and point to two key zones for both scenarios.
“BTC and the next important movement will take place outside the $ 106,900-108.200 range. ”
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.
