Santiment Finally Ignited the Altcoin Rally: Opportunity Zones Have Arrived for Many! - Coin Bulletin

robot
Abstract generation in progress

The latest data shows that prices are at dip levels for many altcoins and present buying opportunities, while analysts are pointing out the risks of the global trade war.

Following the sharp declines observed in the cryptocurrency market in recent times, according to Santiment’s MVRV Divergence model, a large portion of altcoins has fallen to price levels defined as "opportunity zones". The significant realized losses incurred by investors, according to some analysts, currently indicate suitable buying points in the market.

Especially in recent times, the escalating trade wars between the USA and world countries have deeply shaken the cryptocurrency market. Due to the negative effects of tariffs and sanctions on the market, investors are forced to make decisions in an environment dominated by uncertainty. Looking from a historical perspective, it should not be forgotten that extraordinary situations, as seen in the first weeks of the COVID-19 pandemic, do not reflect on on-chain data and traditional metrics may prove inadequate.

According to analysts, if a solution is found for trade disputes on a global scale, a very rapid and strong recovery may occur in the crypto markets. However, recent news in the media reveals that the disputes the US has with many countries are now clearly being described as "full-scale trade war". In such an environment, investors need to be cautious regarding market data and closely monitor developments.

View Original
The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments