Altcoins Face ‘Insane Volatility’ And ‘Super Negative’ Sentiment—But ‘Better Days Are Coming,’ Says Trader

The recent crypto market downturn has wiped out significant value from altcoins, leading to deeply negative sentiment and extreme volatility. However, traders urge patience, believing this could be a prime accumulation phase before the next major rally.

What Happened: Crypto analyst Michael van de Poppe described the current altcoin market as “insane volatility” with “super negative” sentiment.

He believes this marks the transition from old narratives dying to new narratives emerging, advising traders to hold onto utility-driven altcoins as their time is coming.

Crypto trader Osemka highlighted that Bitcoin (CRYPTO: BTC) closed below the 4-hour breaker but quickly engulfed it with the next …

Full story available on Benzinga.com