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**Team** · 03-17-2025, 01:25 AM

News Crypto faces ‘starkest' gap between sentiment and fundamentals: BlockTow

<img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMDMvMDE5NTk3ZTQtZDY1Zi03ODM1LWJhZWQtY2RmMDVjM2Q4YWNh.jpg"><img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMDMvMDE5NTk3ZTQtZDY1Zi03ODM1LWJhZWQtY2RmMDVjM2Q4YWNh.jpg" alt="Crypto faces ‘starkest' gap between sentiment and fundamentals: BlockTower">The major disconnect between crypto traders’ growing short-term market uncertainty and crypto builders becoming more bullish than ever creates a prime setup for long-term investors, according to a crypto hedge fund founder.“This is one of the starkest divergences I’ve seen in sentiment and fundamentals,” BlockTower Capital founder Ari Paul <a data-ct-non-breakable="null" href="https://x.com/AriDavidPaul/status/1900664081326993551" rel="null" target="null" text="null" title="null">said</a> in a March 14 X post.<h2>Optimism grows among those beyond crypto natives </h2>Paul said that while traders and analysts have recently turned bearish on crypto, developers — and, more broadly, those working for crypto companies less tied to market cycles — remain significantly more bullish. “All the data points I’m hearing from basically any crypto-related project or company that doesn’t rely on “natives” near-term is positive,” Paul said.<figure><img alt="Cryptocurrencies, Venture Capital, Cryptocurrency Investment" src="https://s3.cointelegraph.com/uploads/2025-03/01959821-dee3-730b-8f5a-1dfb955bf8a4" title=""><figcaption style="text-align: center;">Source: <a data-ct-non-breakable="null" href="https://x.com/nicrypto/status/1900763131103543410" rel="nofollow noopener" target="_blank" text="null" title="https://x.com/nicrypto/status/1900763131103543410">Nic Puckrin</a></figcaption></figure>Based on this, he’s confident that crypto is a “good buy” over the “12-month timeframe” but isn’t sure if it has reached a short-term bottom yet. Crypto analyst Matthew Hyland recently said the only way for Bitcoin to confirm that the bottom is <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/bitcoin-price-weekly-close-89k-bottom-resume-uptrend-crypto-analyst" rel="null" target="null" text="null" title="null">actually in would be to close a week back</a> above $89,000.However, on March 14, the broader crypto market rose slightly, giving traders a bit more short-term confidence. Bitcoin (<a data-ct-non-breakable="null" href="https://cointelegraph.com/bitcoin-price" rel="" target="_self" text="null" title="https://cointelegraph.com/bitcoin-price">BTC</a>) spiked 3.16% to $84,638 over the 24-hour period, while Ether (<a data-ct-non-breakable="null" href="https://cointelegraph.com/ethereum-price" rel="" target="_self" text="null" title="https://cointelegraph.com/ethereum-price">ETH</a>) rose 1.79% and XRP (<a data-ct-non-breakable="null" href="https://cointelegraph.com/xrp-price-index" rel="" target="_self" text="null" title="https://cointelegraph.com/xrp-price-index">XRP</a>) jumped 6.01%, <a data-ct-non-breakable="null" href="https://coinmarketcap.com/" rel="null" target="null" text="null" title="null">according</a> to CoinMarketCap.Over the same 24 hours, the Crypto Fear & Greed <a data-ct-non-breakable="null" href="https://alternative.me/crypto/fear-and-greed-index/" rel="null" target="null" text="null" title="null">Index</a>, which measures overall crypto market sentiment, surged 19 points to 46, still in the “Fear” zone but nearing neutral territory.<figure><img alt="Cryptocurrencies, Venture Capital, Cryptocurrency Investment" src="https://s3.cointelegraph.com/uploads/2025-03/01959823-54e5-7383-acf6-5e3b1c126286" title=""><figcaption style="text-align: center;">Source: <a data-ct-non-breakable="null" href="https://x.com/robustus/status/1900558531343872339" rel="nofollow noopener" target="_blank" text="null" title="https://x.com/robustus/status/1900558531343872339">Dan McArdle</a></figcaption></figure>MN Trading Capital founder Michael van de Poppe said Bitcoin’s price spike over the past 24 hours has strengthened his confidence in the asset, resuming its uptrend by June.<h2>Crypto market presenting opportunity for “sustainable value” investments</h2>“Clearly made a higher low, clearly touching the highs,” van de Poppe <a data-ct-non-breakable="null" href="https://x.com/CryptoMichNL/status/1900633923962519854" rel="null" target="null" text="null" title="null">said</a> in a March 14 X post.Related: <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/bitcoin-bull-market-in-peril-as-us-recession-and-tariff-worries-loom" rel="null" target="null" text="null" title="https://cointelegraph.com/news/bitcoin-bull-market-in-peril-as-us-recession-and-tariff-worries-loom">Bitcoin bull market in peril as US recession and tariff worries loom</a>“It’s very likely that we’re starting a new uptrend on the lower timeframes going into a good Q2,” he added.Paul also said it may be the right time to explore traditional venture capital crypto investments with a longer-term outlook.“A good time to be looking for “traditional” style VC crypto investments. By “traditional” I mean longer term, genuinely focusing on sustainable value creation, no quick monetization scheme,” Paul said.Magazine:<a data-ct-non-breakable="null" href="https://cointelegraph.com/magazine/vitalik-ai-apocalypse-la-times-kkk-llm-grooming-ai-eye/" rel="null" target="null" text="null" title="null"> Vitalik on AI apocalypse, LA Times both-sides KKK, LLM grooming: AI Eye</a><template data-name="subscription_form" data-type="crypto_biz" label="Subscription Form: Crypto Biz Newsletter"></template>


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