Trump has become an enigma, or investors want too many things to happen at once. People are confused about this. On the other hand, on the macroeconomic front, the view that the Bank of Japan may decide to increase interest rates on Friday is gaining ground. This is not a good thing and we have explained it at length in the past. What about experts? cryptocurrency What are the expectations in the markets?
Are Cryptocurrencies at Their Peak?
You may be wondering what the peak is when there are altcoins that have not reached the 2023 price yet. However, Altcoin Sherpa thinks about the possibility that we may experience a new peak narrative, unlike previous cycles. People are not enthusiastic enough and we are not in an environment like 2021 and 2017. Or we are just at the very beginning of this.
Altcoin Sherpa wrote;
“We are so invested in crazy gains for all altcoins when they may not be real anymore. Let’s see.
BTC flows are different, too much altcoin distribution, less credit/lending, too much narrative, not enough liquidity. Maybe it’s not the standard for everyone to be rich anymore, I don’t know.
“I’m still undecided that this isn’t the peak, but overall it’s good to think about it.”
On the one hand, despair is good for the start of great rises, but most altcoin Investors’ despair turns into greater pessimism as time goes by. The fact that investors who were worried about regretting selling could not see any profits worsened the psychology of the cryptocurrency markets.
Daan Crypto Trades shared the chart below and wrote that the fluctuating trend will continue. This wide range between $108,000 and $90,000 promises further upside at the top and screams of panic at the bottom that the cycle peak is now in sight. BTC It lingers at 106 thousand dollars.
“Levels to pay attention to in the coming weeks. “I think most would agree with the idea of waiting patiently until this range is broken.”
Dogecoin (DOGE)
DOGE Today it finds buyers at $0.38. The Government’s Efficiency Department has launched its website. dogecoin 
$0.343254The fact that the mascot of has a place on its website reminds everyone once again which cryptocurrency the biggest meme coin is. DOGE It rose to $0.38.
Moreover, today many companies including DOGE meme coin ETF application has arrived.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
