ChainCatcher news, CryptoQuant founder and CEO Ki Young Ju tweeted that the era where altcoins exist merely as a measure of internet attention will end in five years. Meme coins will continue to exist as gambling products, and the status of celebrity coins will be similar to that of Pornhub actors.In addition, the altcoins that are truly being built will evolve into employment contracts for internet knowledge workers. Undeniably, these altcoins will evolve into an internet economic framework that can compensate for the value generated in the processes of information creation, distribution, and acquisition.

ChainCatcher news, 10x Research analysis suggests that Bitcoin may face supply tightening, although the market still lacks key market structure data support. They point out that there are several positive signals in the current market, including on-chain data, seasonal trends, breakout indicators, the Chinese New Year effect, a neutral Federal Reserve policy, and a crypto-friendly president. However, these factors have not yet resonated with the market structure.Additionally, 10x Research also mentioned that it has become increasingly difficult to achieve stable returns through altcoins in the current bull market. Only during the period from the U.S. elections on November 5 to the employment report on December 6/9 did altcoins perform strongly, while the subsequent hawkish statements from the Federal Reserve in mid-December put pressure on the market.

ChainCatcher news, on-chain analyst Ali tweeted that the number of altcoins has now exceeded 36.4 million; during the altcoin boom period of 2017-2018, the number of altcoins was less than 3,000, and in 2013-2014, it was even less than 500.

ChainCatcher news, Blockworks co-founder Yano cited Chainalysis data indicating that 50% of TRUMP/MELANIA holders had never purchased Solana ecosystem altcoins before. Additionally, 47% of holders created new wallets on the day of purchase, and 83.4% of the holdings are valued at less than $1,000.

ChainCatcher news, Zhao Changpeng posted on X platform stating: "What is beneficial for Bitcoin will also be beneficial for altcoins."

ChainCatcher news, according to Coindesk, hedge fund Lekker Capital founder Quinn Thompson stated that the idea of the U.S. purchasing altcoins as a strategic reserve is absurd and will never happen.Previously, the New York Post reported that Trump "endorsed" the idea of creating tokens, including SOL, XRP, and Circle's USDC stablecoin, as part of a "America First Strategic Reserve."Quinn Thompson explained, "The government has no authority to stake venture capital on altcoins. The rumors about establishing strategic reserves for other non-BTC currencies are another example of people taking a bad idea and treating it as fact."

ChainCatcher news, Three Arrows Capital founder ZhuSu posted on social media, "The current market cycle has significant differences from 2020-2021: the Bitcoin funds flowing into ETFs and investment tools like MicroStrategy will not rotate into Ethereum, let alone other tokens. Unlike the previous market environment where Bitcoin, Ethereum, Solana, and other coins frequently rotated, other coins currently need substantial catalysts to drive movement.Without major events like Michael Saylor switching to other coins, simply claiming superiority over Bitcoin is no longer enough to attract Bitcoin holders to shift their investments. Existing holders must have faith in the project, and the underlying protocol must be able to perform its intended function."

ChainCatcher message, VanEck's Head of Digital Asset Research Matthew Sigel posted, "Is it too late to turn bearish now? The adjustment of altcoins after the election has recorded the worst performance ever."

ChainCatcher news, 10x Research's market analysis indicates that since Trump's election in November last year, the U.S. stock market has erased all gains, despite initial expectations that the election would drive stronger growth and lower taxes. The anticipation of a rebound in the cryptocurrency market after the election quickly faded on December 6 last year, after which trading volume significantly declined, and funding rates peaked on that date, indicating its importance.Macroeconomic factors are the main drivers of the Bitcoin and cryptocurrency market cycles. The Federal Reserve cut interest rates by 50 basis points in September due to a weak labor market and recession expectations, but subsequent data showed a different trend.Although non-farm employment increased by only 12,000 in October, it rebounded to 227,000 in November, and the data released on January 10 again showed strong growth, with 256,000 new jobs added and the unemployment rate dropping to 4.1%. This data suggests that the Federal Reserve's rationale for cutting rates is flawed, undermining the basis for the rate-cutting cycle.

ChainCatcher news, Real Vision CEO Raoul Pal predicts that the crypto market is entering the "Banana Singularity" phase. He divides the current market into three stages: the breakout in November 2024, the current consolidation period, and the upcoming altcoin season.Pal stated that as Bitcoin's dominance (currently at 58%) declines, the market will experience a comprehensive bullish trend, with core winners creating higher peaks. He also noted that the current market trend is similar to the 2016/2017 cycle, and the consolidation period is expected to end soon.

ChainCatcher news, according to a post by the cryptocurrency market research firm Santiment on the X platform, the average trading return reflects well whether "buying the dip" or "selling at a high" has captured the right timing. Currently, active wallets over the past 30 days are overall in a loss state for BTC, ETH, ADA, DOGE, and the vast majority of altcoins.When the MVRV index is negative, it means you are buying or increasing your holdings while others are already at a loss. Historically, these "market panic" moments are precisely when professional traders profit.Trading should be done with caution; do not assume that these opportunity zone signals will immediately lead to a turnaround. However, probabilities indicate that in the near future, cryptocurrencies will at least experience a short to medium-term reversal, provided that economic and geopolitical factors do not pose obstacles.

ChainCatcher news, according to Coinmarketcap data, the top 100 cryptocurrencies by market capitalization are generally showing a downward trend. Among them:Pudgy Penguins (PENGU) has the largest decline, down 14.35%, currently priced at $0.037;DYDX (Native) is down 13.63%, currently priced at $1.42;Gala (GALA) is down 12.79%, currently priced at $0.037;Ethena (ENA) is down 12.67%, currently priced at $1.03;Bonk (BONK) is down 12.4%, currently priced at $0.00003064

ChainCatcher news, according to cryptocurrency analyst Miles Deutscher's analysis on social media, the altcoin season will not be like it was in 2021 because:The loose conditions of 2021 were an extreme anomalyThe surge in the number of new launch projects and the dilution of altcoinsThis does not mean it won't thrive like before (and may even thrive more), just that the approach will be different:It will no longer be that all altcoins rise simultaneously, but rather there will be larger yet more limited rotations (e.g., AI and Meme coins)Liquidity will gradually flow in, rather than spiking sharply as it did during the 2021 stimulus periodStrong ETF liquidity has reduced the impact of Bitcoin (BTC) price increases on liquidity flow (now more of a psychological effect rather than a real one)The market will shift more towards a trader's market, as the strategy of "holding many coins waiting for a rise" will no longer be as effective as beforeThere are still huge opportunities in this field, but trading/investment styles need to be adjusted according to current market conditions.

ChainCatcher news, CryptoQuant analyst Crypto Dan stated in an article on January 6 that the bull market that began in January 2023 is likely to reach a cyclical peak in the first quarter of 2025 or at the latest in the second quarter. The article stated: "With a large influx of new investments and additional funds from existing investors, we can reasonably expect that the market is currently in the later stages of this cycle."The post stated: "Therefore, the expectation of a significant rise in Bitcoin and altcoins is still worth looking forward to. Nevertheless, from a conservative perspective and considering risk management, it is advisable to proceed with caution."