List of Flash News about Altcoin cycles
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2025-02-12 06:57 |
Shift in Sentiment: Comparing 2024/25 and 2020/21 Altcoin Cycles
According to Miles Deutscher, the primary difference between the 2024/25 and 2020/21 altcoin cycles is the shift in trader sentiment. In 2021, traders had a strong belief in the transformative potential of Blockchain, DeFi, and Gaming sectors. However, the current cycle reflects a lack of belief in these technologies, with many viewing them as unsustainable ventures. This change in perception suggests a potential impact on trading dynamics and market volatility as trust in these technologies declines, influencing traders' investment strategies. [Source: Miles Deutscher on Twitter] |