In a recent statement, renowned cryptocurrency analyst Miles Deutscher shared his weekly list of tokens and trends, and listed altcoins worth keeping an eye on this week.
Deutscher noted that bitcoin's recovery from its recent plunge has been solid. According to the analyst, BTC's structure looks solid and the previous high of $73.8k is an important level to watch.
Recent network congestion issues have further dampened Solan's mood, but Mr. Deutsche remains optimistic. Mr. Deutsche believes these problems will have no impact in the medium to long term and that #Solana , which he calls "the largest casino in the world," is well positioned to maintain its dominance.
Analysts say ORDI is performing well and is a true leader in the BRC-20/BTC trending ecosystem. A few days before the halving, Deutscher said that the trend is eerily calm, although halving is rare (once every four years).
Recent rumors suggest that a decline in EigenLayer's stake is imminent and the market needs to avoid it; Deutscher is concerned about #ALT , as it is closely related to EigenLayer and is in the process of restructuring.
EigenLayer's first roll-up, Orion, is also on Deutscher's radar. According to analysts, there are few ways to get a preliminary valuation on EigenLayer, making Orion an attractive option. Orion is also rebranding as Lumia, and the market has reacted favorably to its rebranding in recent weeks.
Ahead of #Dogecoin Day (April 20), Deutscher noted that Dogecoin has performed well on days like this in recent years. This is largely due to speculation that Elon Musk might tweet about #BTC .
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