There is no hope that altcoins will follow a different path than BTC

Can we call current circumstances a 'crypto crash', and how long could it last?

What we are currently experiencing in the digital currency market is a normal reaction in financial markets in situations of extraordinary events. The scale of irregularities in the activities of the FTX exchange and the Almeda Research fund was so large that it had to affect the crypto market as a whole.
How long can it take? The market is still waiting for the possible consequences of the collapse of the FTX exchange. There is talk of FTX linking with other players in the market, holding assets on FTX, etc. But the crypto market situation is clearing up. Healthy projects have no problem showing their clients that they run their business honestly and have coverage for the paid digital and traditional funds - hence the action of showing the contents of their wallets. The current situation will last until the end of the year. After the New Year, the market should react more strongly to the current drops reaching 70% per year on BTC and ETH. Indeed, information about the planned regulations, e.g. the European MiCA Directive. The market needs credibility and trust. And this is possible thanks to defining the same rules for all participants. Until now, only individual countries could afford to develop and implement regulations for cryptocurrency companies. One such example is Estonia, where our two projects have been licensed. Thanks to that, we can legally and transparently run an investment fund and a derivatives exchange under the Geco brand.

Altcoins amid crypto winter/crypto crash, could we expect bullish sentiment towards altcoins despite the FTX crash?

In the current situation, the collapse of FTX and, as a result, a strong sell-off in all digital currency markets, there is no hope that altcoins will follow a different path than BTC. On the contrary - it is BTC that will give a signal about the end of the declines, and only the alts will follow the BTC rate. But beware - only the best, healthiest alts will show significant increases. Projects without functional value, without a positive history, can rebound, but certainly not as much as tokens and coins from projects that provide specific solutions for the community. In the strategy of our fund managed by a licensed manager Geco Capital OU, we excluded investments in crypto assets with low liquidity, poor reputation and high investment risk. We want to avoid exposing our clients' investments to unnecessary risk.