Few Altcoins Hold Their Ground as the Bear Market Drags On

The latest episode of Ledger Cast, a podcast on crypto trading and blockchain ecosystems, takes on the current bear market. Hosts Brian Krogsgard and Josh Olszewicz review where the market stands and explain how they are approaching trades in bitcoin and in smaller altcoins.

A central theme is how few coins are doing well. According to the hosts, the projects that are outperforming are either consolidating near higher price levels or still holding uptrends, and they are rare. The conversation also covers the pair's outlook for what may come next.

The episode points listeners to several sources. These include a Bloomberg piece cataloguing failed crypto projects, most of them initial coin offerings, a look at the low transaction count on the EOS network, and a thread comparing CME futures volume measured in contracts with volume measured in dollars. Olszewicz's writing on price action, including a Q2 analysis he calls the "Bearish Boogaloo," is also referenced.

The show also promotes an upcoming live event in Washington, DC, and includes a conversation with Aaron Lammer of the Coin Talk podcast. The hosts stress that the episode is educational and not investment advice, and they encourage listeners to do their own research before buying anything.