A well-known analyst predicts that altcoins will experience a period of subdued price action in the coming months due to the recent market correction.
Lack of Retail Inflows Dampens Altcoin Prospects
The analyst, The Flow Horse, believes that altcoins will trade sideways until July. According to him, the absence of new retail inflows will keep altcoins range-bound, with some even reaching new lows before the next significant upswing.
Altcoins to Recover, But Not Yet
Despite the expected sideways trading, The Flow Horse anticipates that altcoins will eventually regain bullish momentum. He identifies three subsectors that he expects to outperform: artificial intelligence (AI), memes, and tokenized real-world assets (RWAs).
Analyst’s Strategy: Accumulate for Future Gains
In the meantime, The Flow Horse is accumulating altcoins in anticipation of significant price increases. He advises investors to buy altcoins that are showing positive momentum.
