As the crypto market faces another drop, a pessimistic sentiment surged again. Some investors seem to fear that altcoins won’t take off this cycle and that they have lost their chance of profiting from the bull run. However, renowned analyst Altcoin Sherpa weighed in on the matter, suggesting that the market is set up to “do well” in the coming months. What Makes This Cycle Not Like Others? A few months ago, Altcoin Sherpa addressed the pessimistic sentiment brewing among some sectors of the crypto community. In an X post, the analyst asserted that Altcoins had to “cool off” for a few months before resuming the bull run. He also emphasized that this cycle differed from previous ones. Related Reading: Solana Looks ‘Ripe To Push Higher’, Is A Mania-Like Rally To $600 Coming? At the time, Sherpa highlighted that altcoins’ performance didn’t meet expectations during the first part of the bull run. Additionally, he suggested the market was heavily affected by the overabundance of projects and fragmented liquidity. This cycle, attention has been mostly captured by a few ..
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