According to @twitteruser, WAVES has been consistently identified as an underrated cryptocurrency over the past several months. The analyst points out that despite ongoing development and upcoming ecosystem upgrades, WAVES remains overlooked by the broader market. Recent technical analysis and on-chain data show increased network activity and healthy trading volumes, signaling growing interest among traders (source: @twitteruser, CoinMarketCap, June 2024). For active traders, monitoring WAVES for breakout potential is recommended, as new protocol updates and partnership announcements could catalyze significant price moves. The current sentiment positions WAVES as a potential high-reward opportunity in the altcoin market this quarter.

According to Bitwise (@BitwiseInvest), their latest 2024 crypto market outlook highlights continued institutional adoption of Bitcoin (BTC) and Ethereum (ETH), driven by growing regulatory clarity and rising demand for spot ETFs. The report underscores the importance of diversification across major crypto assets, noting that increased on-chain activity and network upgrades are likely to sustain upward price momentum. Bitwise also points out that active trading strategies may benefit from volatility caused by macroeconomic factors and evolving DeFi protocols, making this a pivotal year for crypto traders. Source: Bitwise 2024 Crypto Market Outlook (bitwiseinvestments.eu/blog/c…).