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      Variant Fund Analyst Suggests Cryptocurrency Market Bottomed in July 2026

      Alana Levin, an investment partner at Variant Fund, has expressed her views on the cryptocurrency market for the fourth quarter of 2026, suggesting that the market may have reached its bottom in July. At that time, Bitcoin was priced at $59,000, Ethereum at $1,600, and Zcash (ZEC) at $420. Levin noted that the current focus among investors is whether the market is genuinely entering a bull phase or if the recent price increases represent a false rally.

      Levin highlighted that there is a growing consensus that investment will likely flow into value storage protocols and income-generating assets. She identified Bitcoin as the leading asset for digital value storage, while other cryptocurrencies may be evaluated based on their market capitalization in relation to Bitcoin. For income-generating protocols, Levin emphasized the importance of understanding the source of income, whether from crypto-native activities or traditional finance, and the sustainability of these income streams during market downturns.

      Additionally, Levin categorized on-chain projects that can be compared to non-crypto businesses, suggesting that many of these projects are more aligned with narrative trading rather than long-term investment. She pointed out that themes such as artificial intelligence, data collection, and computing power are prevalent, but she remains skeptical about the necessity of blockchain for these applications. Levin indicated that if such projects significantly outperform, it could signal a nearing peak in the market.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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