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Analyst: Current Bull Market Cycle Led by Institutions, Uncertain if Altcoins Will Benefit

Summary: According to Presto Research analyst Min Jung, driven by sustained institutional demand (especially from cryptocurrency asset management companies), Bitcoin continues to hover near historic highs, with ETH also benefiting from institutional investor support. More and more listed companies are starting to include ETH in their corporate treasuries, signaling the early signs of an altcoin season ...

According to Presto Research analyst Min Jung, driven by sustained institutional demand (especially from cryptocurrency asset management companies), Bitcoin continues to hover near historic highs, with ETH also benefiting from institutional investor support. More and more listed companies are starting to include ETH in their corporate treasuries, signaling the early signs of an altcoin season in the market. However, it remains uncertain whether this strong momentum will extend to a broader altcoin market. (The Block)

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