With early signs of declining Bitcoin dominance, interest has shifted towards alternative coins, sparking new excitement and momentum within the community.
Amid this renewed excitement, renowned crypto analyst Miles Deutscher shared a strategic framework to help investors identify the best alternative coin opportunities before a potential surge.
Four key factors to discover high-potential alternative coins
Deutscher has compiled his investment advice on alternative coins into four actionable categories designed to give investors a competitive edge in a fast-moving market:
1. Heavily sold alternative coins
: Focus on tokens that have been heavily sold or short-sold. These assets are often traded at reduced levels and may be poised for a strong rebound if market sentiment changes.
2. Strong narratives:
Look for alternative coins that align with emerging and strong themes, such as artificial intelligence, gaming, or decentralized infrastructure. Coins with strong narratives tend to attract attention and capital faster.
3. Upcoming catalysts:
Prioritize projects that include events, product launches, or news that may trigger price movements. Alternative coins often experience significant volatility with major updates.
4. Bullish technical indicators
Use technical analysis to identify alternative coins that exhibit positive momentum, such as breakouts from key support/resistance levels, volume spikes, or favorable chart patterns.
Deutscher noted on social media that "alternative coins falling within these categories often lead the pack during surges."
Read more:
Standard Chartered's Bitcoin price forecast for 2025
With Bitcoin stabilizing recently and alternative coins starting to recover, many investors are positioning themselves early. However, experts warn that market conditions remain sensitive to macroeconomic shifts, and selectivity will be a key factor in navigating the next phase of the cycle.
As alternative coins seek to emerge from extended downtrends, tracking narrative momentum, technical setups, and fundamental catalysts may be the difference between outperformance and lagging behind.