{"id":632881,"date":"2024-08-02T23:00:17","date_gmt":"2024-08-02T23:00:17","guid":{"rendered":"https:\/\/ktsl888.com\/?p=632881"},"modified":"2024-08-02T14:40:19","modified_gmt":"2024-08-02T14:40:19","slug":"not-all-hope-is-lost-crypto-analyst-weighs-in-on-the-markets-performance","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/not-all-hope-is-lost-crypto-analyst-weighs-in-on-the-markets-performance\/","title":{"rendered":"\u2018Not All Hope Is Lost\u2019: Crypto Analyst Weighs In On The Market\u2019s Performance"},"content":{"rendered":"

As the crypto market faces another drop, a pessimistic sentiment surged again. Some investors seem to fear that altcoins won\u2019t take off this cycle and that they have lost their chance of profiting from the bull run. However, renowned analyst Altcoin Sherpa weighed in on the matter, suggesting that the market is set up to \u201cdo well\u201d in the coming months.<\/p>\n

What Makes This Cycle Not Like Others?<\/h2>\n

A few months ago, Altcoin Sherpa addressed<\/a> the pessimistic sentiment brewing among some sectors of the crypto community. In an X post, the analyst asserted that Altcoins had to \u201ccool off\u201d for a few months before resuming the bull run. He also emphasized that this cycle differed from previous ones.<\/p>\n

Related Reading: Solana Looks \u2018Ripe To Push Higher\u2019, Is A Mania-Like Rally To $600 Coming?<\/a><\/p>\n

At the time, Sherpa highlighted that altcoins\u2019 performance didn\u2019t meet expectations during the first part of the bull run. Additionally, he suggested the market was heavily affected by the overabundance of projects and fragmented liquidity. This cycle, attention has been mostly captured by a few sectors like memecoins and AI tokens.<\/p>\n

In a new X thread, Sherpa reaffirmed<\/a> his previous analysis. \u201cThis has definitely been a weird cycle so far; not similar at all to 2021 or 2017,\u201d the analyst said. He pointed out that crypto investors \u201caren\u2019t really up that much\u201d despite Bitcoin (BTC) nearing all-time high (ATH) prices.<\/p>\n

Due to the singularities of this cycle, recommending \u201cDCA and just holding the projects that you like and holding forever\u201d is no longer an option for the analyst. The overabundance of tokens makes predicting the cycle winners \u201cvery hard,\u201d which makes \u201cpicking your shitcoins pretty important.\u201d<\/p>\n

As a result, the analyst suggested that investors learn some trading concepts, study momentum, and understand market dynamics. To Sherpa, understanding the market is key, \u201cnow more than ever\u201d, so that investors can be prepared for \u201cwhen the market REALLY starts to move later this year.\u201d<\/p>\n

\n

But I think that slower times like these is where it’s important to learn and educate yourself for the coming moves.<\/p>\n<\/blockquote>\n

Crypto Market Is Down But \u201cNot All Hope Is Lost\u201d<\/h2>\n

Sherpa emphasized that the crypto market will resume its bullish performance<\/a> in the coming months. \u201cThe good thing is that BTC is still going to break ATH later this year and $ETH is also going to do well,\u201d read the post.<\/p>\n

The analyst disagreed with those who believe that Altcoins will have an altseason reminiscent of previous cycles and that we are early in the bull market. To him, it is \u201cvery unlikely\u201d that all altcoins will go \u201cto full send like in 2021\u201d or even 2017.<\/p>\n

Despite the cycle differences, he considers most cryptocurrencies might have a decent performance compared to current prices<\/a>. Moreover, he deemed that some altcoins will have remarkable rallies.<\/p>\n

Related Reading: New Memecoin Sensation Neiro Hits $200 Million Market Cap In Four Days<\/a><\/div>\n

In the post, sherpa predicted that the crypto market will have a massive Q4, as it historically does. Ultimately, investors will seemingly get another opportunity to profit from the bull market:<\/p>\n

\n

As I said, not all hope is lost. We’re going to have a huge Q4 as we always do. The macro-environment should be solid and BTC should break all-time highs, which sets up for a huge November-January time period. Be lucky that you get another chance at this bull market.<\/p>\n<\/blockquote>\n

\"crypto,
Total crypto market capitalization is at $2.25 Trillion in the weekly chart. Source: TOTAL in TradingView<\/a><\/figcaption><\/figure>\n
Featured Image from Unsplash.com, Chart from TradingView.com<\/div>\n","protected":false},"excerpt":{"rendered":"

As the crypto market faces another drop, a pessimistic sentiment surged again. Some investors seem to fear that altcoins won\u2019t take off this cycle and that they have lost their chance of profiting from the bull run. However, renowned analyst Altcoin Sherpa weighed in on the matter, suggesting that the market is set up to \u201cdo well\u201d in the coming months. What Makes This Cycle Not Like Others? A few months ago, Altcoin Sherpa addressed the pessimistic sentiment brewing among some sectors of the crypto community. In an X post, the analyst asserted that Altcoins had to \u201ccool off\u201d for a few months before resuming the bull run. He also emphasized that this cycle differed from previous ones. Related Reading: Solana Looks \u2018Ripe To Push Higher\u2019, Is A Mania-Like Rally To $600 Coming? At the time, Sherpa highlighted that altcoins\u2019 performance didn\u2019t meet expectations during the first part of the bull run. Additionally, he suggested the market was heavily affected by the overabundance of projects and fragmented liquidity. This cycle, attention has been mostly captured by a few sectors like memecoins and AI tokens. In a new X thread, Sherpa reaffirmed his previous analysis. \u201cThis has definitely been a weird cycle so far; not similar at all to 2021 or 2017,\u201d the analyst said. He pointed out that crypto investors \u201caren\u2019t really up that much\u201d despite Bitcoin (BTC) nearing all-time high (ATH) prices. Due to the singularities of this cycle, recommending \u201cDCA and just holding the projects that you like and holding forever\u201d is no longer an option for the analyst. The overabundance of tokens makes predicting the cycle winners \u201cvery hard,\u201d which makes \u201cpicking your shitcoins pretty important.\u201d As a result, the analyst suggested that investors learn some trading concepts, study momentum, and understand market dynamics. To Sherpa, understanding the market is key, \u201cnow more than ever\u201d, so that investors can be prepared for \u201cwhen the market REALLY starts to move later this year.\u201d But I think that slower times like these is where it’s important to learn and educate yourself for the coming moves. Crypto Market Is Down But \u201cNot All Hope Is Lost\u201d Sherpa emphasized that the crypto market will resume its bullish performance in the coming months. \u201cThe good thing is that BTC is still going to break ATH later this year and $ETH is also going to do well,\u201d read the post. The analyst disagreed with those who believe that Altcoins will have an altseason reminiscent of previous cycles and that we are early in the bull market. To him, it is \u201cvery unlikely\u201d that all altcoins will go \u201cto full send like in 2021\u201d or even 2017. Despite the cycle differences, he considers most cryptocurrencies might have a decent performance compared to current prices. Moreover, he deemed that some altcoins will have remarkable rallies. Related Reading: New Memecoin Sensation Neiro Hits $200 Million Market Cap In Four Days In the post, sherpa predicted that the crypto market will have a massive Q4, as it historically does. Ultimately, investors will seemingly get another opportunity to profit from the bull market: As I said, not all hope is lost. We’re going to have a huge Q4 as we always do. The macro-environment should be solid and BTC should break all-time highs, which sets up for a huge November-January time period. Be lucky that you get another chance at this bull market. Featured Image from Unsplash.com, Chart from TradingView.com<\/p>\n","protected":false},"author":614,"featured_media":605322,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[142,41995,428,1119,78790,26263,10923,86360,8323,1946,75142,86903],"class_list":["post-632881","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-altcoins","tag-altseason","tag-bitcoin","tag-btc","tag-btcusdt","tag-crypto-analyst","tag-crypto-market","tag-crypto-market-sentiment","tag-eth","tag-ethereum","tag-total","tag-total-crypto-maket-cap"],"acf":[],"yoast_head":"\n\u2018Not All Hope Is Lost\u2019: Crypto Analyst Weighs In On The Market<\/title>\n<meta name=\"description\" content=\"Crypto analyst Altcoin Sherpa weighed in on the market drop, assuring investors that \u201cnot all hope is 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Her goal as a writer is to create informative, complete, and easily understandable pieces accessible to those entering the crypto space. After learning about cryptocurrencies in 2019, Rubmar became curious about the world of possibilities the industry offered, quickly learning that financial freedom was at the palm of her hand with the developing technology. From a young age, Rubmar was curious about how languages work, finding special interest in wordplay and the peculiarities of dialects. Her curiosity grew as she became an avid reader in her teenage years. She explored freedom and new words through her favorite books, which shaped her view of the world. Rubmar acquired the necessary skills for in-depth research and analytical thinking at university, where she studied Literature and Linguistics. Her studies have given her a sharp perspective on several topics and allowed her to turn every stone in her investigations. In 2019, she first dipped her toes in the crypto industry when a friend introduced her to Bitcoin and cryptocurrencies, but it wasn\u2019t until 2020 that she started to dive into the depth of the industry. As Rubmar began to understand the mechanics of the crypto sphere, she saw a new world yet to be explored. At the beginning of her crypto voyage, she discovered a new system that allowed her to have control over her finances. As a young adult of the 21st century, Rubmar has faced the challenges of the traditional banking system and the restrictions of fiat money. After the failure of her home country\u2019s economy, the limitations of traditional finances became clear. The bureaucratic, outdated structure made her feel hopeless and powerless amid an aggressive and distorted system created by hyperinflation. However, learning about decentralization and self-custody opened a realm of opportunities. Cryptocurrencies allowed her to experience financial control for the first time and expand her financial education. Moreover, the peculiar nature of the crypto community sparked Rubmar\u2019s curiosity about the other layers of the industry. As a result, she found a particular interest in discovering the diverse perspectives of investors, market watchers, experts, and developers. Her attempts to better understand the crypto space made her realize the strong links of the community with other industries, enriching her perspective of the sector. As someone who spends most of her day online, Rubmar enjoys finding the points where the crypto world meets with her other passions and hobbies \u00ad\u2013or her favorite memes. In her free time, she usually finds joy in different art forms. As a child, she enlisted in every extra-curricular activity in her hometown, including music classes, dancing, jewelry making, and the local chorus. Despite her many attempts to learn different instruments, Rubmar only knows how to play the xylophone, which she played for 7 years in her school\u2019s marching band. She also has a passion for learning new languages and cultures, having set the goal to learn another six languages \u00ad\u2013 currently attempting to learn Italian and Korean. Scrapbooking, paper crafting, and bookbinding are her biggest interests outside of work, constantly taking classes and attending workshops to learn new techniques. The rest of her free time is spent stressing over football matches and transfer market news or feeding cats \u2013hers or stray. In summary, Rubmar seeks to present entertaining and educational pieces to be enjoyed by everybody, aiming to report on the latest news and offer a unique perspective while adding a meme or a pun whenever possible.\",\"url\":\"https:\/\/ktsl888.com\/author\/rubmargarcia\/\"}]}<\/script>\n","yoast_head_json":{"title":"\u2018Not All Hope Is Lost\u2019: Crypto Analyst Weighs In On The Market","description":"Crypto analyst Altcoin Sherpa weighed in on the market drop, assuring investors that \u201cnot all hope is lost\u201d despite the recent performance.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ktsl888.com\/news\/not-all-hope-is-lost-crypto-analyst-weighs-in-on-the-markets-performance\/","og_locale":"en_US","og_type":"article","og_title":"\u2018Not All Hope Is Lost\u2019: Crypto Analyst Weighs In On The Market","og_description":"Crypto analyst 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Her goal as a writer is to create informative, complete, and easily understandable pieces accessible to those entering the crypto space. After learning about cryptocurrencies in 2019, Rubmar became curious about the world of possibilities the industry offered, quickly learning that financial freedom was at the palm of her hand with the developing technology. From a young age, Rubmar was curious about how languages work, finding special interest in wordplay and the peculiarities of dialects. Her curiosity grew as she became an avid reader in her teenage years. She explored freedom and new words through her favorite books, which shaped her view of the world. Rubmar acquired the necessary skills for in-depth research and analytical thinking at university, where she studied Literature and Linguistics. Her studies have given her a sharp perspective on several topics and allowed her to turn every stone in her investigations. In 2019, she first dipped her toes in the crypto industry when a friend introduced her to Bitcoin and cryptocurrencies, but it wasn\u2019t until 2020 that she started to dive into the depth of the industry. As Rubmar began to understand the mechanics of the crypto sphere, she saw a new world yet to be explored. At the beginning of her crypto voyage, she discovered a new system that allowed her to have control over her finances. As a young adult of the 21st century, Rubmar has faced the challenges of the traditional banking system and the restrictions of fiat money. After the failure of her home country\u2019s economy, the limitations of traditional finances became clear. The bureaucratic, outdated structure made her feel hopeless and powerless amid an aggressive and distorted system created by hyperinflation. However, learning about decentralization and self-custody opened a realm of opportunities. Cryptocurrencies allowed her to experience financial control for the first time and expand her financial education. Moreover, the peculiar nature of the crypto community sparked Rubmar\u2019s curiosity about the other layers of the industry. As a result, she found a particular interest in discovering the diverse perspectives of investors, market watchers, experts, and developers. Her attempts to better understand the crypto space made her realize the strong links of the community with other industries, enriching her perspective of the sector. As someone who spends most of her day online, Rubmar enjoys finding the points where the crypto world meets with her other passions and hobbies \u00ad\u2013or her favorite memes. In her free time, she usually finds joy in different art forms. As a child, she enlisted in every extra-curricular activity in her hometown, including music classes, dancing, jewelry making, and the local chorus. Despite her many attempts to learn different instruments, Rubmar only knows how to play the xylophone, which she played for 7 years in her school\u2019s marching band. She also has a passion for learning new languages and cultures, having set the goal to learn another six languages \u00ad\u2013 currently attempting to learn Italian and Korean. Scrapbooking, paper crafting, and bookbinding are her biggest interests outside of work, constantly taking classes and attending workshops to learn new techniques. The rest of her free time is spent stressing over football matches and transfer market news or feeding cats \u2013hers or stray. In summary, Rubmar seeks to present entertaining and educational pieces to be enjoyed by everybody, aiming to report on the latest news and offer a unique perspective while adding a meme or a pun whenever possible.","url":"https:\/\/ktsl888.com\/author\/rubmargarcia\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"\u2018Not All Hope Is Lost\u2019: Crypto Analyst Weighs In On The Market\u2019s Performance","url":"http:\/\/ktsl888.com\/news\/not-all-hope-is-lost-crypto-analyst-weighs-in-on-the-markets-performance\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/ktsl888.com\/news\/not-all-hope-is-lost-crypto-analyst-weighs-in-on-the-markets-performance\/"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/04\/denise-chan-KZ-pyx0KLS0-unsplash.jpeg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/04\/denise-chan-KZ-pyx0KLS0-unsplash.jpeg?fit=1920%2C1440"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Rubmar Garcia"}],"creator":["Rubmar Garcia"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["altcoins","altseason","bitcoin","btc","btcusdt","crypto analyst","crypto market","crypto market sentiment","eth","ethereum","total","total crypto maket cap"],"dateCreated":"2024-08-02T23:00:17Z","datePublished":"2024-08-02T23:00:17Z","dateModified":"2024-08-02T23:00:17Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"\\u2018Not All Hope Is Lost\\u2019: Crypto Analyst Weighs In On The Market\\u2019s Performance\",\"url\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/not-all-hope-is-lost-crypto-analyst-weighs-in-on-the-markets-performance\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/not-all-hope-is-lost-crypto-analyst-weighs-in-on-the-markets-performance\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2024\\\/04\\\/denise-chan-KZ-pyx0KLS0-unsplash.jpeg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2024\\\/04\\\/denise-chan-KZ-pyx0KLS0-unsplash.jpeg?fit=1920%2C1440\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Rubmar Garcia\"}],\"creator\":[\"Rubmar Garcia\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"altcoins\",\"altseason\",\"bitcoin\",\"btc\",\"btcusdt\",\"crypto analyst\",\"crypto market\",\"crypto market sentiment\",\"eth\",\"ethereum\",\"total\",\"total crypto maket cap\"],\"dateCreated\":\"2024-08-02T23:00:17Z\",\"datePublished\":\"2024-08-02T23:00:17Z\",\"dateModified\":\"2024-08-02T23:00:17Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/ktsl888.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/04\/denise-chan-KZ-pyx0KLS0-unsplash.jpeg?fit=1920%2C1440","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/632881"}],"collection":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/users\/614"}],"replies":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/comments?post=632881"}],"version-history":[{"count":0,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/632881\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media\/605322"}],"wp:attachment":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media?parent=632881"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/categories?post=632881"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/tags?post=632881"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}