Real Vision’s chief digital asset analyst Jamie Coutts evaluated that the bottom point may occur after weeks in the crypto market. Analysis indicates that the market can be evolved towards the rise tendency of the market based on the last 365 -day performance data.
Rise in crypto currencies
According to the analyzes, the decline this month draws attention with its lowest 365 -day performance value since the mid -2024. The performance of self -recovering assets in recent years can signal a positive direction in the future.
Jamie Coutts: “This month’s downward movement points to the bottom formation; It may be useful to focus on performance assets last year. ”
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Bitcoin Safe Harbor
In addition, Bitcoin $96,344.93It is observed that the opposite correlation with the US dollar index has weakened. Although some investors say that Bitcoin considers a gold -like safe harbor, his performance is not similar to gold in the short term.
Total2 graph measures the market value of assets other than Bitcoin and stablecoins; The current value is around 1.24 trillion dollars. This indicator offers rotation signals during the daily time period. Increasing the use of Blockchain technology was observed, and the number of daily active addresses on smart contract platforms reportedly experienced significant increase. This reveals that technology is in the long -term rise trend (despite short -term tremors).
Jamie Coutts: “Liquidity directs on-aChain activity; However, technology has achieved an independent rise since 2022. ”
For the year 2025, Blockchain technology will become more common throughout the sectors. It is estimated that the on-Chain trading volume may exceed $ 4 trillion.
Jamie Coutts: “In 2025, a significant increase in the use of Blockchain is expected.”
Analyst statements point to possible future orientations based on the market’s past performance indicators. Data show that digital assets can capture a tendency to rise and blockchain technology can play a more active role on a sectoral basis.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
