Market recovery and opportunities for altcoins
Although the market is slowly recovering, not all altcoins are significantly rising right now. Some altcoins have only seen slight rebounds because Bitcoin has attracted a large amount of capital, and additional funds have flowed into AI projects in the primary market. Coupled with previous wash trading, the market lacks new stories to drive upward movement. Therefore, everyone still needs to be patient; the sentiment for altcoins will only be truly released after mainstream coins like Ethereum rebound.
Institutions and some listed companies have started to return to the market, slowly accumulating at lower prices. The cost-performance ratio of this adjustment is much better than before. Therefore, everyone needs to wait for suitable signals, prepare their positions, and be patient. The main upward wave of altcoins may be on the way.
Historically, the first quarter is usually a good period for ETH, with increases of up to 173% in February 2016.
Currently, the price of ETH is around 3660, having broken through the key resistance of 3524, and is on an upward narrative.
The average return rate from January to March is over 30%, generally stronger than other months.
Once ETH breaks through strongly, the upward pressure may indicate that the altcoin season is not far away.
4 coins with 100x potential will enter an upward mode!
MANA
As a virtual reality platform based on the Ethereum blockchain, MANA allows users to create and monetize digital content and applications.
Recent performance: The price is currently 30.46% higher than its 200-day simple moving average, with a 22% increase over the past year.
Market sentiment: The Fear and Greed Index shows 'Extreme Greed,' reflecting strong investor confidence.
Outlook: With its strong market capitalization and liquidity, MANA remains a leading project in the virtual reality and blockchain space, suitable for medium to long-term attention.
WLD
Worldcoin has become one of the market focal points with its unique verification system and innovative financial services.
Recent performance: The WLD token has increased by 8.68% in the past 24 hours, currently priced at $2.6.
Technical indicators: RSI is at 58.18, with market sentiment neutral, but its features that integrate identity and financial innovation are favored by investors.
Outlook: With the increasing market attention on digital identity and decentralized solutions, the future performance of WLD is promising.
SOL
SOL has real value because it powers the entire Solana ecosystem. It rewards those who help keep the network running and allows users to access many projects built on Solana. Unlike some other platforms, Solana does not use sharding or second-layer solutions for scalability. Instead, it offers a high-capacity network capable of handling a large number of activities. In markets where speed and low fees are very important, Solana's approach is gaining attention. As developers and users look for efficient platforms outside of Ethereum, Solana's capabilities make it a notable choice in the current cryptocurrency space.
FET
FET was established in 2017 and launched via Binance IEO in March 2019. It is an artificial intelligence lab that builds an open, permissionless, decentralized machine learning network utilizing cryptocurrency economics. It enables anyone to use autonomous AI agents to perform tasks on its global data network to access secure datasets. The technology is applicable to services such as optimizing DeFi transactions, traffic networks, smart energy grids, and travel systems that rely on large-scale datasets.
Based on historical price trends and market cycles, FET's price is expected to have potential growth in the coming years. Given its focus on artificial intelligence and decentralized data access, this token may present opportunities in the current market cycle.
