As the crypto market faces another drop, investors fear that altcoins won’t take off this cycle. However, analyst Altcoin Sherpa believes the market is set up to do well in the coming months. He noted that this cycle is different from previous ones, with attention captured by memecoins and AI tokens.
Sherpa pointed out that predicting cycle winners is hard due to the abundance of tokens, advising investors to learn trading concepts and understand market dynamics. He emphasized that now is the time to educate oneself for future market moves.
The analyst is optimistic about the crypto market’s future, predicting Bitcoin will break all-time high prices later this year and some altcoins will have remarkable rallies. He expects a massive Q4 with significant opportunities for investors to profit from the bull market by November to January.