Periodic Low Points for Altcoins Emerge: Real Vision Analyst Interprets Market Trends
Publication Time:2024-07-24 22:06:07
Golden Finance Report, Jamie Coutts CMT, Chief Cryptocurrency Analyst at Real Vision, posted on the X platform that contrary to expectations, the most impressive sector in the crypto asset market last month did not focus on major coins like Bitcoin but shifted towards privacy coins and meme coins. Among them, Solana became the only large asset in the top 10 over the past month, showing excellent performance, indicating that the market's preference for such assets may be changing. Meanwhile, although the breadth and momentum of DeFi (Decentralized Finance), dApps (Decentralized Applications), and infrastructure sectors remain relatively weak, analysts have observed that this might indicate that the altcoin market is nearing periodic lows, with market sentiment and investment interest gradually recovering.
Cryptocurrency
Real Vision
Jamie Coutts CMT
altcoins
Periodic Lows