⭐⭐What is the Current Status of the Big Altcoin Bull Dream? The CEO of the Analysis Company Shared the Latest Data and Expectations ⭐⭐

Cryptocurrency analysis company Alphractal and its CEO Joao Wedson made noteworthy assessments regarding the recent developments in the market.

Wedson emphasized that the Altcoin Season Index provided some opportunity signals, but the market still followed a Bitcoin-dominated trend. Looking at the last 60 days of data, Wedson noted that Bitcoin exhibited a stronger performance compared to altcoins, stating that this should not be seen as a negative picture. "This period where altcoins are lagging could be a accumulation phase for long-term investors," he said.

The CEO also pointed out that altcoins have been weak against BTC in the last 48 hours. However, Wedson assessed this situation as temporary, saying, "The market has historically moved in cycles; a rebound from altcoins may follow this weakness."

In the analysis conducted by Alphractal, it was noted that the Fear and Greed Index is at a level of 65. This level indicates that investor sentiment is between neutral and slightly optimistic.

On the other hand, the company announced that Bitcoin's Sharpe Ratio has started to rise again along with its price. The increase in this metric indicates that BTC's risk-based returns have improved and supports that the rise is occurring on a healthier basis.

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