Despite recent turbulence across the crypto sector, sentiment among seasoned analysts remains firmly optimistic.
According to a new assessment from Coin Bureau’s Guy Turner, the current cycle shows no signs of slowing, and it’s far too early to start talking about an incoming bear market.
Bitcoin continues to lead the charge, with dominance climbing steadily. With BTC now representing nearly 64% of the overall crypto market, the trend clearly favors the original digital asset. Historically, such phases tend to be followed by capital rotation into large-cap altcoins—a pattern Turner expects to repeat soon.
When that shift comes, he suggests the most attention will go to the top-tier altcoins, particularly those already holding high market cap positions. That said, while these coins may absorb most of the inflows, their potential for exponential gains may be more limited compared to riskier bets.
The altcoin season indicator still leans heavily toward Bitcoin, but it’s approaching levels where sentiment has flipped in past cycles, giving smaller tokens more room to run.
Adding to the bullish case is a changing regulatory climate in the United States. With the current administration leaning pro-crypto, policies are shifting in favor of digital assets. Turner believes this friendlier stance could encourage broader participation, particularly from institutional investors, and strengthen the foundation of the ongoing rally.
For now, the broader picture remains intact: the bull cycle appears healthy, and any short-term setbacks don’t yet point to a larger market reversal. While investors may be fatigued by recent corrections, long-term indicators suggest there’s still fuel left in the tank.
Alexander Stefanov
Reporter at Coindoo
Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over 8 years of experience covering the crypto, blockchain and fintech industries, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics.
Source: https://coindoo.com/crypto-market-still-has-room-to-run-analyst-says-bear-phase-nowhere-in-sight/