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.
即将到来的牛市周期的顶级山寨币:Santiment 的建议随着比特币 (BTC) 周五接近 6.7 万美元,以以太坊 (ETH) 为首的山寨币市场显示出看涨迹象。大多数山寨币已接近开始的多周盘整的峰值今年早些时候。此外,链上数据显示近几个月机构投资有所增加,表明正在为牛市周期的欣快阶段做好准备。许多山寨币也重新测试了宏观下跌趋势的看涨突破。随着比特币主导地位的预期逆转,明智的做法是关注向山寨币行业寻求潜在收益。
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.
获得最大利润的顶级山寨币 根据 Santiment 的说法,加密货币投资者应该监控平均交易回报率最高的资产。“从历史上看,购买交易者最痛苦的资产更有可能获得高回报,”Santiment 表示。在分析市场数据后, Santiment 推荐以下大盘山寨币以实现利润最大化:Shiba Inu (SHIB)、Uniswap (UNI)、Polygon (MATIC)、Chainlink (LINK)、Cardano (ADA) 和 Ripple 支持的 XRP。但是,Toncoin (TON) ,比特币、以太坊(ETH)和狗狗币(DOGE)被认为是山寨币季节利润最大化的高风险选择。
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.
市场展望 随着交易员等待下周联邦公开市场委员会 (FOMC) 声明,加密货币波动预计将持续。从历史上看,八月可能会出现看跌趋势。然而,在美国大选和预期降息的推动下,第四季度行业可能会更加看涨。