Analysts Hint at Strong Momentum for Altcoins
Despite retail interest in cryptocurrencies remaining low, some analysts believe that the market is quietly preparing for the next breakthrough.
Trader and market commentator Miles Deutscher suggests that now may be the best time to closely monitor altcoins—before the market crowd returns.
Deutscher points out that Bitcoin is starting to show signs of recovery, while some altcoins appear to be forming a long-term bottoming pattern. The key signal he is watching for is the emergence of a 'triple bottom' structure—historically seen as a precursor to a trend reversal.
Undervalued Market Opportunities
Deutscher highlights several projects worth paying attention to during this calm period. The meme token Pepe is known for its strong rebounds in the past, and while it may not be ready to enter the market yet, this pullback could present an enticing opportunity. As a driving force in this category, Pepe is certainly worth watching.
The AI token TAO recently broke through a significant technical barrier and may be on the verge of setting new all-time highs. With increasing thematic relevance and sustained market interest, this expert believes it is one of the few assets that can maintain momentum even in a generally sluggish market.
Meanwhile, the Virtuals project, which saw a slowdown in development earlier this year, is starting to regain user interest. As attention returns, this increase in engagement could soon translate into stronger price movements.
When Boredom Breeds Opportunity
The analyst emphasizes that it is the current lack of excitement that makes this period so valuable. Historically, significant rebounds often begin during the calmest moments in the market, when savvy investors position themselves before retail investors flood in.
Although the broader cryptocurrency space has yet to confirm a full recovery, Deutscher believes that some altcoins are building strong technical foundations, indicating that the next wave may have already taken shape. #BTC☀
