en.bitcoinsistemi.com
In a recent statement, famous cryptocurrency analyst Miles Deutscher shared his weekly token and trend monitoring list and listed the altcoins he will follow closely this week.
Deutscher stated that Bitcoin's recovery after its recent decline remains solid. According to the analyst, BTC's structure looks solid and the previous high of $73.8 thousand is an important level to watch.
Although recent network congestion issues have further worsened sentiment towards Solana, Deutscher remains optimistic. Deutscher believes these issues will have no impact in the medium to long term and that Solana, which it calls “the world's largest casino”, is well positioned to maintain its dominance.
According to the analyst, ORDI is performing well and is a true leader in the BRC-20/BTC trend ecosystem. With just a few days left until the halving, Deutscher stated that although it is rare (once every four years), this trend seems eerily quiet.
Latest rumors suggest that the EigenLayer airdrop may be imminent and the market will need to trend towards it. Deutscher cares about ALT, given its close relationship with EigenLayer and its position within the restructuring trend.
Orion, the first restaking rollup on EigenLayer, is also on Deutscher's radar. There aren't many ways to gain pre-launch exposure to EigenLayer, making Orion an attractive option, according to the analyst. Orion is also rebranding as Lumia and the market has responded well to the rebranding in recent weeks.
As Doge Day (April 20) approaches, Deutscher noted that Dogecoin has performed well on such days in recent years. This is largely due to speculation that Elon Musk might tweet about BTC.
*This is not investment advice.