The discussion around the ongoing crypto bull run is intensifying. A prominent cryptocurrency analyst, ParabolicPump, maintains that the bull run has not reached its conclusion. He points out on Twitter that significant developments in altcoins are anticipated, even though many have not surpassed their previous highest values.

ParabolicPump offers a nuanced perspective on the market’s trajectory, recognizing both the potential for profit and the risks involved.

Altcoins and Market Dynamics

He underscores that Ethereum (ETH) and TOTAL2 not being at their zenith does not indicate the end of the bull run. He is of the opinion that the most substantial movements in altcoins are still on the horizon.

Experts Forecast Significant Developments for Ethereum (ETH), Kaspa (KAS), Bittensor (TAO), and QUBIC – Reasons the Bull Market Continues

However, he advises tempering expectations concerning altcoin profits. Each cryptocurrency cycle has historically yielded diminishing returns, and this cycle is likely to follow suit.

ParabolicPump suggests that choosing the right altcoins can lead to significant financial gains, especially when Bitcoin’s dominance decreases. He points to specific altcoins like $KAS, $TAO, and $QUBIC as ones with high-performance potential.

Read also: This Crypto Trader Makes Bold FLOKI Price Prediction – Next Meme Coin to Explode?

The Dilution Effect

He notes that the dilution effect in the cryptocurrency space, particularly with the continuous introduction of new coins like memecoins, contributes to diminishing returns.

As a result, not every altcoin will see a significant surge as seen in past bull runs. This dilution supports the concept of reduced returns with each passing crypto cycle.

ParabolicPump also touches on the emotional side of cryptocurrency investments. He cautions that during the peak euphoria phase of the cycle, media narratives may promote a false paradigm shift, suggesting altcoins will not face severe downturns.

This belief is misleading. Historical trends show that after considerable gains, a major market correction is likely to ensue. ParabolicPump recommends selling during the peak and waiting for lower prices in the bear market that follows as a strategy for building long-term wealth.

Current Market Opportunities

Despite uncertainties, ParabolicPump sees the current market correction as an opportunity for investment. He believes these price levels are temporary and predicts forthcoming movements in altcoins. Investors with available funds should consider purchasing during this dip to optimize returns by the end of the bull run.

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The original article titled “Analyst Predicts Major Moves for Ethereum (ETH), Kaspa (KAS), Bittensor (TAO), and QUBIC – Here’s Why the Bull Run Isn’t Over” can be found on CaptainAltcoin.”

Source: captainaltcoin.com