Ryan Watkins, co-founder of Syncracy Capital and former Messari research analyst, predicts that the digital asset market will perform strongly for an extended period. He attributes this outlook to several factors, including the emergence of cryptocurrency-based exchange-traded funds (ETFs), the market adaptation of various projects, and the supportive stance of the U.S. government towards the sector.
Shifts in the Crypto Market
Watkins notes that these developments are fundamentally altering the digital asset landscape. He emphasizes the need for market participants to be more cautious in their investment choices, especially as the current market sentiment can become overly dramatic.
Ryan Watkins: “Most people should remove the words ‘cycle’ and ‘alt season’ from their vocabulary.”
Long-Term Bull Market Expectations
Watkins suggests that these shifts will lead to a long bull market, testing the patience of investors. Although he anticipates a future bear market, he believes it will be more intense and prolonged than previously expected.
Ryan Watkins: “Current Twitter sentiment is excessively dramatic.”
Watkins believes the increasing number of coins in the market is positively impacting the sector, pushing participants to make more thoughtful investment decisions. He emphasizes that as the asset class matures, active management will become more critical, with opportunities extending beyond Bitcoin $93,990.
Watkins asserts that the evolving market structure, maturing projects, and new regulatory paradigms are fundamentally reshaping the crypto market, rendering past simplified models increasingly outdated. While he acknowledges ongoing market volatility, he emphasizes that the landscape now requires more selective and informed investments.
In light of these changing conditions, he urges investors to update their strategies and make more informed decisions.