Analyst: The Current Market Is More Likely a Typical Correction Rather Than Entering a Full Bear Market Cycle
According to ChainCatcher, CryptoQuant analyst Crypto Dan stated, "The current market is more likely experiencing a typical correction rather than entering a full bear market cycle. The previous price increase was relatively moderate, indicating limited overheating in the market, which also means the downside risk might be controllable."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
1,000 bitcoins were transferred from an exchange to an unknown wallet, worth approximately $93.16 million.
BlackRock CEO: Sovereign funds are buying bitcoin at low prices
DeFi Technologies subsidiary Valour approved to list four digital asset ETPs on Brazil's B3 exchange
Trending news
MoreCrypto prices
More
