JAKARTA - The global crypto market is facing a major transformation. Ryan Watkins, co-founder of Syncracy Capital and former research analyst at Messari, stated that old patterns such as the four-year cycle and altcoin season are starting to not be a reference.
Watkins revealed the reason, where the market structure begins to change, the growing projects, and the growing regulations have brought the industry to a different level from before.
Watkins linked the change to several important factors. One of them is the emergence of crypto-based exchange-traded funds (ETFs) that provide wider access to institutional investors.
In addition, he called the upcoming US administration, which is considered more friendly to the crypto industry, one of the main drivers of change. Most people would be better off removing the term cycle' and season altcoins' from their vocabulary, said Watkins, quoted by CoinSpeaker. According to him, such a simple model is no longer relevant in the crypto ecosystem that continues to grow.
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Watkins predicts that the market will experience a longer bull run than many investors expect. However, he warned that this process would require patience.
Before the next long-term bearish market, prices will reach a higher level than expectations by many, although it will take longer to get there, he said. He also criticized excessive sentiment on social media that often did not reflect market reality.
In addition, the surge in the number of digital assets in the market is considered a positive impact. According to Watkins, this will force investors to be more selective in choosing assets. With this class of assets matured, the chances of generating large profits from assets without strong fundamentals will be even smaller. Active management will be key as opportunities now exceed Bitcoin (BTC)," he added.
Watkins also stressed that this change requires a wiser investment strategy. In the midst of new challenges and opportunities, the crypto market continues to show maturity. With global market capitalization reaching trillions of dollars, investors now have to face the fact that the era of pure speculation is starting to shift to a more measurable approach.
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