Foreign media: A new round of warming may be emerging in the market. Coinpedia cites the point of view of the founder of the MN Fund, Michaël van de Poppe, that investors ' interest in the banknotes has changed markedly over six months ago, although bitcoin is still hovering near its recent lows.
Market data is warming up.
CoinGecko data show that the total market value of the Yamaya currency has risen to approximately $84.1 billion, and Altcoin Season Index is now reporting 47, close to 50, which is usually considered to be the Shanki currency for the line of grace. Over the past 24 hours, the trade in the Yamagi currency has increased by more than 218 per cent.
Van de Poppe argues that current price performance is not like the typical bear market. Although bitcoin has been weak, some have risen to a high level during the year, while others have reached a record high. In his view, it was closer to the early signal of the cattle market than a new full-blown fall.
Funding focus on three types of themes
- The private track regains long-term encrypted investor interest
- Improved revenue from partial agreements to enhance the basic narrative of the project
- Go to center AI becomes a new subject
He cited, for example, projects such as ZCash and NEAR that received renewed attention. Among them, income growth in NEAR was also seen as one of the factors underpinning its market performance. At the same time, after some AI products were subject to geographical restrictions, traders began to shift to decentrization alternatives, which led to Bittensor becoming the target of an active trade.
The periodic signal returns to the base currency.
Altcoin Cycle Signal of Glassnode has re-entered the “Altcoin Season” section. However, the Agency also noted that, unlike in the past, the recent weakness of Bitcoin had played a greater role in that round.
Van de Poppe is cautiously optimistic about the back market. He said that if the concerns surrounding Strategy were alleviated, market liquidity could revert to the flow of encrypted assets, and the market value was in the middle, or would be more vulnerable to breakthroughs.
On the other hand, CriptoQuant CEO Ki Young Ju argues that the traditional “bitcoin-up wheel-to-square” path is weakening. But at the same time, the data shows that the Yamaya coin has been under pressure for almost 15 months. Historically, similar stages of sales pressure failure have tended to occur near the critical bottom, which has also raised the temperature of the market ' s discussion of the restoration of space for stale currency.
