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Ansem says altcoin sentiment and positioning sit at multi-year lows

NewsFeeds update

Trader Ansem said crypto has underperformed other asset classes for years, hurt by talent moving to AI, thin innovation after DeFi and gold's revaluation, plus 10 October liquidations. He said sentiment and positioning in altcoins are at multi-year lows, but some tokens with little VC overhang, real product-market fit and a better regulatory backdrop could rise quickly on fresh buying.

AltcoinsOdailyAIBearish

Read the original on Odaily

The story so far: Ansem on altcoin market outlook

Trader Ansem said altcoin sentiment and positioning sit at multi-year lows, though some tokens with real product-market fit could rise quickly on fresh buying. He later said the market is shifting toward project fundamentals and real business performance, noting HYPE and ZEC traded independently of Bitcoin and ether…

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  1. Ansem says altcoin sentiment and positioning sit at multi-year lows

  2. Ansem says HYPE and ZEC moves may shift altcoin investment logic

  3. Ansem says he will watch ZEC's resilience in a deeper market pullback

More Altcoins updates

  1. Binance restores HYPE and APT withdrawals

    AltcoinsChainCatcherAIBullish

  2. Abraxas Capital holds $452m Hyperliquid position, mostly short

    AltcoinsOdailyAIBearish

  3. Yi He says CoinMarketCap has verified Binance's new addresses

    AltcoinsOdailyAINeutral

Every Altcoins update on NewsFeeds

Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Updates are joined into one story by AI; our editors can change a story’s name or take an update out. Not investment advice.