The crypto market’s latest rebound hasn’t convinced everyone. While altcoins have shown signs of life following a broader dip in Bitcoin and Ethereum, analysts are cautioning that the rally may not have staying power.
According to Bitfinex insights shared with DL News, the surge in altcoins is being driven more by individual interest than by deep, structural demand.
While retail activity is up, analysts argue that sustainable capital inflows are still missing—making any upward momentum fragile.
Google Trends data reveals that in July, search interest in altcoins briefly outpaced Bitcoin. Still, the analysts point out that Bitcoin dominance remains high, and the sharp price corrections indicate lingering caution among investors.
Bitfinex’s team warns that unless broader conditions shift—like major ETF inflows or macroeconomic catalysts—the altcoin market is unlikely to maintain its gains. Consolidation may be the next phase, unless external forces spark a new wave of demand.
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Source: https://coindoo.com/analysts-warn-altcoin-momentum-may-not-last-despite-recent-bounce/