Top Altcoins for the Upcoming Bull Cycle: Santiment's Recommendations
As Bitcoin (BTC) approached $67k on Friday, the altcoin market, led by Ethereum (ETH), showed bullish signs.
Most altcoins have been nearing the peak of a multi-week consolidation that began earlier in the year. Additionally, on-chain data indicates increased institutional investment in recent months, suggesting preparation for the bull cycle's euphoric phase.
Many altcoins have also retested the bullish breakout from the macro falling trend.
With an expected reversal of Bitcoin dominance, it's wise to pay attention to the altcoin industry for potential gains.
即將到來的牛市週期的頂級山寨幣:Santiment 的建議隨著比特幣(BTC) 週五接近6.7 萬美元,以以太坊(ETH) 為首的山寨幣市場顯示出看漲跡象。的多周盤整的峰值今年早些時候。此外,鏈上數據顯示近幾個月機構投資有所增加,表明正在為牛市週期的欣快階段做好準備。預期逆轉,明智的做法是專注於向山寨幣產業尋求潛在收益。
Top Altcoins for Maximum Profits
According to Santiment, crypto investors should monitor assets with the highest average trading returns.
"Historically, buying into assets with the most significant trader pain has a higher probability of netting high returns," states Santiment.
After analyzing market data, Santiment recommends the following large-cap altcoins for profit maximization: Shiba Inu (SHIB), Uniswap (UNI), Polygon (MATIC), Chainlink (LINK), Cardano (ADA), and Ripple-backed XRP.
However, Toncoin (TON), Bitcoin, Ethereum (ETH), and Dogecoin (DOGE) are considered higher-risk choices for profit maximization during the altseason.
獲得最大利潤的頂級山寨幣根據Santiment 的說法,加密貨幣投資者應該監控平均交易回報率最高的資產。在分析市場數據後, Santiment 推薦以下大盤山寨幣以實現利潤最大化:Shiba Inu (SHIB)、Uniswap (UNI)、Polygon (MATIC)、Chainlink (LINK)、Cardano (ADA) 和Ripple 支持的XRP。 ,Toncoin (TON) ,比特幣、以太坊(ETH)和狗狗幣(DOGE)被認為是山寨幣季節利潤最大化的高風險選擇。
Market Outlook
Crypto volatility is expected to continue as traders await FOMC statements next week. August could witness bearish tendencies, historically speaking.
However, the fourth quarter is likely to see a more bullish industry, fueled by the U.S. elections and expected interest rate cuts.
市場展望 隨著交易員等待下週聯邦公開市場委員會 (FOMC) 聲明,加密貨幣波動預計將持續。從歷史上看,八月可能會出現看跌趨勢。