Summary
- Despite the uncertainty of tariff policies, it was reported that investor sentiment expecting a rebound in altcoins is growing.
- After World Liberty Financial's purchase of MNT and AVAX, altcoin trading volume increased, indicating investors' expectations for a rebound.
- Based on the analysis that assets other than large assets are not overvalued, it was predicted that the buy the dip trend will continue.
Amidst growing uncertainty in the cryptocurrency market due to the impact of U.S. tariff policies, opinions suggest that investor sentiment expecting a rebound in major altcoins is increasing.
On the 17th (local time), Nick Ruck, an analyst at LVRG Research, said in an interview with CoinDesk, "Altcoin trading volume increased after World Liberty Financial (WLFI) purchased Mantle (MNT) and Avalanche (AVAX)," adding that "this suggests investors are expecting a rebound in altcoins."
Augustin Fan, head of Signal Plus Insights, also predicted that "the value of assets other than large assets like Bitcoin (BTC) and Ethereum (ETH) is not overvalued," and that "the market will maintain a 'buy the dip' stance."
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
