While the crypto markets block and the anxiety and greed -index touches a low point of 35Many investors wonder if the crypto-bull market is over as a desperate traders for a long-awaited ‘alt season’.
But with a pro-Crypto-president in the White House who carries out executive orders to investigate a strategic bitcoin reserve, a sovereign wealth fund and to revise the SEC with ‘crypto mom’ Hester Pierce who is responsible for his new crypto- Taskforce, why is it not the market responding to this bullish news?
Crypto Banter’s Ran Neuner posted:
“Market depletion is real. The Altcoin market is completely exhausted! All buyers are fully deployed. All speculators are blown up. All stories are completely priced. Bitcoin flows remain limited and no longer filtering in alts. The only thing that could push this market higher is a FED pivot or a Trump promotion that increases liquidity! “
Bitwise Cio Matt Hougan commentary:
“There is now an absolutely huge decoupling between retail and professional sentiment in crypto. Retail sentiment is the worst thing it has been in years, while professional investors are extraordinary bullish. It is as if you live in two fully separate worlds. “
Bloomberg analyst James Seyffart pointed out: “The feeling it is because the retail trade is a lot of alt -coins and memecoins etc. Handst that really bad”, while ‘El Presidente’ Dave Portnoy is not keep back In his message to Altcoin traders:
“To all shitcoiners who are crying now. We all know the rules. We all try to earn money. Nobody misleads someone. If you buy and sell Shitcoins, you must be willing to lose your investment. It’s a risk. “
The bullish case for crypto
Despite the overall fatigue of the retail trade in the market, 68% From investors believe that Bitcoin will hit $ 200k in 2025. Jeff Laberge, head of capital markets and strategic initiatives at Bitdeer, told Round table that although predicting the price of Bitcoin was difficult, the “$ 150,000 to $ 200,000 assortment is certainly in the cards this year.”
Macro -economist Henrik Zeberg recognized That sentiment was in the gutter, but that the circumstances were ripe for a “massive crypto bullmarkt” before April and that there was a “chance of less than 5%” that the Cyclustop is located.
Despite the current Bearish Sentiments of retail investors, many experts are of the opinion that cryptocurrency still has considerable growth potential and can see considerable profit before the end of the year.
Bitcoin -Market data
At the time of press 14:23 pm UTC on February 9, 2025Bitcoin is on the market capitalization market and the price is upwards 0.12% In the last 24 hours. Bitcoin has a market capitalization of $ 1.91 trillion With a trade volume of 24 hours $ 22.97 billion. More information about Bitcoin ›
Summary of the Cryptomarkt
At the time of press 14:23 pm UTC on February 9, 2025The total crypto market is appreciated at $ 3.15 trillion With a volume of 24 hours $ 77.37 billion. Bitcoin Dominance is currently up 60.53%. More information about the Cryptomarkt ›