While many investors are waiting for Bitcoin to find its exact bottom, one crypto analyst believes now is the time to gradually accumulate quality altcoins. Instead of trying to perfectly time the market, the analyst says buying fundamentally strong projects during the current correction could pay off over the long term.
Here are his top altcoin picks!
Bittensor (TAO)
The analyst considers TAO one of his highest-conviction picks, citing its strong position in the AI sector. He says the recent pullback offers an attractive entry point and says even if prices decline further, accumulating at current levels could prove rewarding over the next few years.
- Current buying range: Around $200
- Previous purchase: $145
- Worst-case scenario: $130–$150
- Long-term view: Buying near $200 is still attractive if the project performs over the next few years.
Sui (SUI)
SUI is another favorite. The analyst argues that current prices present a solid buying opportunity, adding that investors shouldn’t worry if the token dips further. Instead, he recommends continuing to dollar-cost average, believing SUI has long-term upside.
- Current price: Around $0.70
- Potential lower level: $0.50
- Long-term target: Around $10
Monad
For those looking for a higher-risk opportunity, the analyst points to Monad as a “dark horse” project. Although it’s still early in its development, he says it has the potential to deliver strong returns if its ecosystem grows as expected.
Kaspa (KAS)
Kaspa also makes the list. The analyst notes that the project has historically performed well during bear markets and sees upcoming developments, including the Toccata upgrade, could act as a catalyst for stronger price action later this year.
- Current buying level: Around $0.03
- Possible downside: $0.02
Why the Analyst Is Buying Now
The analyst argues that investors focus too much on finding the exact market bottom. Looking back at the 2022 bear market, he points out that Ethereum and BNB reached their lows months before Bitcoin, showing that quality altcoins can bottom ahead of the largest cryptocurrency.
His strategy is to accumulate within a broader bottoming range through dollar-cost averaging rather than waiting for the perfect entry. Even if Bitcoin falls further, he doesn’t expect leading altcoins to lose another 30%–50%, even if Bitcoin declines further. He compared it to buying Bitcoin at $17,000 in 2022, even though it later fell to $15,000, long-term investors still earned good returns.
