Is It Time to Accumulate Altcoins for The Next Bull Run?

Summary

Jamie Coutts, Chief Crypto Analyst at Real Vision, presents his 'Counter Trend, Not Corner Turned' outlook. He sees evidence that Bitcoin's bear market is losing momentum but awaits a breakout above the high $70s for confirmation. He is cautiously accumulating top L1s and blue-chip DeFi, highlighting Ethereum's ETF flow strength, DeFi's supply-side tokenomics improvement, and Solana's tokenization readiness. Macro liquidity risks remain on the horizon, while tokenization and AI agents are long-term structural tailwinds.

• Bitcoin shows bullish RSI divergences and slowing ETF outflows, but a new bull market needs a weekly close above the high $70s.
• Jamie has begun deploying cash into top L1s and blue-chip DeFi, while keeping reserves for potential macro-driven declines.
• Ethereum exhibits relative strength with better ETF flow dynamics and earlier daily bullish flip.
• The DeFi sector recently outperformed as protocols improve tokenomics, revenue sharing, and supply discipline.
• Solana is favored for its technical upgrades and capacity to handle large-scale tokenization volume.
• Macro concerns include debt outpacing liquidity growth, debt-funded AI capex, and heavy upcoming US government issuance.
• Tokenization and AI agents are expected to drive structural demand for blockchain block space over the next 12-18 months.