Expert Forecasts Altcoin Market Crash, Suggests Optimal Buy-In Points For Top 10 Cryptos

Renowned crypto analyst Doctor Profit has released a report warning of an impending altcoin market crash due to uncertainty and recent price corrections in top cryptocurrencies like Bitcoin. Despite this, the analyst highlights potential buying opportunities for top altcoins.

Market Correction Insights: The altcoin market recently surged from $300 billion to nearly $800 billion but has corrected by 25% to around $550 billion. Doctor Profit views this as a healthy adjustment and predicts the market cap could reach $1 trillion, setting new all-time highs.

Optimal Buy Zones:

- The Sandbox (SAND): Current price $0.31, buy zone $0.22

- Stacks (STX): Current price $1.61, buy zone $1.48

- Arbitrum (ARB): Current price $0.78, buy zone $0.61

- Ethereum (ETH): Current price $3,430, buy zone $2,890

- Binance Coin (BNB): Current price $585, buy zone $396

Doctor Profit also suggests optimal buying levels for Optimism (OP), Sei (SEI), Toncoin (TON), Notcoin (NOT), and Omni (OMNI). He advises caution due to potential market manipulation and recommends setting orders slightly higher or lower than identified buy zones.

Mid-July Rally: A significant altcoin rally is expected by mid-July, with the market currently 10-15% away from its bottom, making it a good time for long-term investments.