Altcoin Market Enters Final Phase of Decline, Analyst Says
Crypto analyst Benjamin Cowen believes the altcoin market is nearing the end of its downturn.
According to Cowen, historical trends suggest that altcoins typically experience deep corrections before a significant recovery.
He predicts the bottom could be reached by early 2025, after which a new bull cycle might begin. This phase is often marked by investor capitulation and low confidence, but Cowen views it as a potential opportunity for long-term investors to accumulate assets before the next rally.