Crypto commentator Ansem said the market is starting to show signs of bottom formation, pointing to several signals across price action, user growth, institutional interest, and social media activity. One of the clearest examples, he said, is Bitcoin holding up against negative news flow. According to Ansem, BTC kept printing higher lows even while Saylor sold millions of dollars’ worth in the $58,000 to $60,000 range.
He also cited growth in crypto-native mobile apps as another sign that activity is returning. Pump.fun posted 20% growth in weekly revenue, while Fomo’s user count topped 100,000 within a week. On the institutional side, Ansem pointed to progress around Robinhood Chain and public bullish comments on BTC from billionaire Paul Tudor Jones. He added that crypto-related content is gaining traction again on social media.
As for what could confirm the start of a new bull market, Ansem said he would watch for on-chain tokens to make higher highs after their first high-volume peak, continued growth in holder counts for popular tokens, renewed focus from mainstream media, developers testing new on-chain mechanisms, and successful protocols using airdrops as incentives.
ChainCatcher reported that crypto KOL Ansem said the market is beginning to show signs of bottom formation.
His first point was price resilience in the face of negative news. Using BTC as an example, Ansem said Bitcoin kept making higher lows even as Saylor sold millions of dollars’ worth in the $58,000 to $60,000 range.
He also pointed to user growth in crypto-native mobile apps. Pump.fun’s weekly revenue rose 20%, while Fomo passed 100,000 users within a week, according to his post.
Ansem added that institutional interest is picking up again. The examples he mentioned were progress related to Robinhood Chain and public bullish comments on BTC from billionaire Paul Tudor Jones.
He also said crypto-related content is regaining traction on social media.
As for confirmation of a new bull cycle, Ansem said he would look for several follow-through signals:
- On-chain tokens making higher highs after their first volume-driven peak;
- Continued growth in holder counts for popular tokens;
- Mainstream media turning its focus back to crypto;
- Developers trying new on-chain mechanisms;
- Successful protocols offering incentives through airdrops.
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