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Popular Analyst Turns Bullish on Altcoins in Latest Portfolio Update

12.07.2024 7:00 1min. read Alexander Stefanov
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Popular Analyst Turns Bullish on Altcoins in Latest Portfolio Update

Recently a seasoned market analyst known for his typically bearish outlook, has adopted a bullish stance on some altcoins.

In his latest analysis, he predicted a potential rise in altcoins over the coming weeks and reviewed his current portfolio holdings.

Il Capo disclosed maintaining long positions in Ethereum (ETH) and Solana (SOL), affirming his intention to keep these positions open.

He emphasized that his primary portfolio includes significant investments in altcoins like Polkadot (DOT), Render (RNDR), and AI-related projects such as Fetch AI (FET) and ASI.

He expressed readiness to increase his holdings upon observing bullish signals but acknowledged a plan to reduce exposure if market conditions prove unfavorable.

He noted positive developments in the ETH/BTC pair and signaled optimism despite market uncertainties.

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