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Wintermute: Altcoins May Underperform in Any Scenario

Wintermute Analysts Forecast Weakness in Altcoins

Wintermute analysts note increased selling of altcoins and capital flowing into BTC and ETH. Over the past week, altcoins lost an average of 5.69%.

Development Scenarios

Wintermute's forecast suggests that even with Bitcoin rising, altcoins may remain in a sideways trend. If the entire market declines, their drop is likely to be even sharper.

Current Asset Assessment

Currently, analysts consider BTC and ETH more attractive in terms of risk-to-reward ratio (original).

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