Fidelity Global Macro Director: Expects BTC sell-off to not last too long

According to Coindesk, although some people in the 05c28337-72b1-4050-b702-7a5a6d3ccb07 predict that Bitcoin may fall recently and find support between $32,000 and $38,000, Fidelity's Global Macro Director Timmer expects the recent gains to be consolidated.

Timmer said that the current trend of Bitcoin prices suggests a short-term positioning adjustment rather than a reversal of long-term trends. There are many participants who "equitize" their future spot positions through futures markets or Bitcoin stocks.