#Followme to get
Altcoins are currently still under pressure and are in a bear market phase that has lasted longer than usual. According to analysts, this altcoin bear cycle has lasted more than 1,200 days, with the market capitalization of altcoins still at 40% of the previous peak cycle.
Some analysts have differing opinions on the current prospects of altcoins:
• Cyclop Analyst: believes that when market sentiment reaches a low point, the market usually approaches its bottom, indicating that altcoins are nearing their turning point.
• Decode Analyst: argues that the longest development in history towards altseason may occur.
Dyor