Matrixport: The current rise in altcoins may be difficult to sustain, and the market's enthusiasm remains to be seen


Matrixport shares the following market views today: Despite the continuous voices in the market about the "altcoin bull market", there have only been two brief rebounds so far, concentrated on a few projects, and the overall market lacks continuity. Although there was a phase of activity in the fourth quarter of 2024, it did not spread widely. Overall, the rebound lacks fundamental support, making it difficult to drive the market to sustain upward momentum. Matrixport remains cautious and believes that this round of gains may be difficult to sustain. The rapid decline in funding rates also shows that bullish sentiment has not effectively gathered, and market heat still needs to be observed.