Silver-Tongued Analyst Makes Big Bearish Bet on Altcoins, Declares No Altseason This Cycle

CryptoNewsLand
BTC0,35%
SPX4,16%
  • Silver-tongued analyst makes big bearish bet on altcoins.

  • He then declares there will be on altseason this cycle.

  • Shirting these altcoins could yield tens of thousands in profit.

The popular analyst known for his many accurate crypto price predictions over the last few years makes another huge bearish prediction. This time, the silver-tongued analyst makes big bearish bet on altcoins and declares no altseason this cycle. This prediction came long after the BTC bull pump, during which time Doctor Profit still believed that the altseason would play out. He then stated that he had not been bearish enough and completely changed strategies.

Silver-Tongued Analyst Makes Big Bearish Bet on Altcoins

Doctor Profit just shared his latest weekly Bitcoin report earlier this week, where he spoke of a short fake pump playing out for BTC, which would take its price up to the $80,000 price range, before the inevitable fall to cycle bottom prices in the $40,000 price range. Now, with the price of BTC finally breaking above the $76,000, his short-term bullish prediction may just be playing out.

My big bet on Altcoins:

On top of my existing Bitcoin short from $120k and my ongoing SPX short, I’m now betting on the biggest hill of garbage the market has ever seen, even worse than during the dot com bubble and the garbage of the penny stocks. I’m shorting 100 altcoins… pic.twitter.com/wJqkTS3fCE

— Doctor Profit 🇨🇭 (@DrProfitCrypto) April 20, 2026

As we can see from the post above, Doctor Profit just revealed another special report, this time with a focus on altcoins. Readers were eager to see what the analyst had to say and were met with a brutally bearish review, quite the opposite of the many bullish altseason peak phase pump calls from many bullish analysts in the space. Let’s take a closer look at the analyst’s bearish report.

Declares No Altseason This Cycle

To begin, he calls the altcoin market a space that looks worse than the dot com bubble and believes altcoins are more like trashy penny stocks at the moment. Thus, he declares that he is shorting 100 altcoins simultaneously at 100 isolated short positions, with a value of $10,000 each and at 1x leverage, for a total exposure of $1 million. He does not reveal which 100 altcoins he has placed his bet on yet in the post.

However, he does explain how his bet will keep him afloat in the profit margin even if one of these single altcoin assets pull a bullish surge. He then dares readers to open any altcoin on the weekly, to just see the same chart: a multi-year bear market, price action back at levels unseen since 2020, and a hill of garbage, as he calls it, that continues to grow.

Roughly 90% of this market is in a relentless, structural downtrend, and he says that he cannot name a single catalyst that could reverse it. He also confirms that the October 2025 liquidity event was the last liquidity grab as a major market maker pulled the plug and walked away from this market for good. He finishes the post by stating that what’s left behind is thousands of bleeding bags with nothing underneath them but trapped liquidity and retail hopium.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Early Signals Flash Green — 3 Altcoins That Could Move Fast: HYPE, DOGE, BCH

Hyperliquid shows strong momentum, rising volume, and growing institutional ETF interest. Dogecoin maintains community strength, fast payments, and strong retail-driven market relevance. Bitcoin Cash focuses on low fees, fast transactions, and practical real-world payment use. Market

CryptoNewsLand58m ago

Deutsche Bank Survey Shows US Bitcoin Adoption Rose to 12% in March, Up from 7% in February

Gate News message, April 21 — An investor survey by German banking giant Deutsche Bank revealed that cryptocurrency adoption in the US rose to 12% in March, up from a low of 7% in February, returning to levels projected for July 2025. The report highlighted recovery in institutional demand as a

GateNews2h ago

Whale Trader Dr. Profit Shorts $1M in Altcoins Across 100 Positions

Gate News message, April 21 — Prominent whale trader Dr. Profit has deployed $1 million in a bearish bet against altcoins, spreading the capital across 100 separate positions with independent margins to limit liquidation risk to 1% per position. Dr. Profit also holds a $120,000 BTC short and

GateNews3h ago

Ripple XRP Ledger Is Set to be Quantum-Resistant by 2028, Signaling Highly Bullish Future for XRP Price

Ripple XRP Ledger is set to be quantum-resistant by 2028. This signals a highly bullish future for XRP.  Tron is also working to catch up with this progressive move. Crypto and blockchain continue to chase success and progress with no concern for the current state of markets. For

CryptoNewsLand4h ago

If ETH Breaks Below $2,211, Major CEX Long Liquidations Could Hit $1.047 Billion

Coinglass data warn that ETH near $2,211 or $2,441 could trigger large liquidations on major CEXs: long liquidations up to $1.047B if it falls, or short liquidations up to $944M if it rises.

GateNews5h ago

ETH and Altcoins Could See Parabolic Surge Upon Following Bullish Russell 2000 ATH Path

ETH and altcoins coils see parabolic surge upon following a bullish indicators.  The Russell 2000 just set a new ATH at 2,798 for the first time. This new ATH indicator is a bullish signal for altcoins. The crypto community is pleased to see that both BTC and ETH are trading at higher

CryptoNewsLand5h ago
Comment
0/400
No comments