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06:10
Banmuxia: Currently, bitcoin is no longer a very good long opportunity, and the market will undergo a complex consolidation.
According to TechFlow, on December 23, trader Banmuxia posted on social media stating, "Bitcoin has reached a point where it's no longer a very good opportunity to go long. The medium-term liquidity logic has also been weakened by the recent continuous ETF sell-offs. This is not the best opportunity to go long, but that doesn't mean it won't rise later—it's just that the risk is increasing. During the adjustment phase, unless there is a very high probability opportunity, there is no need to participate. I will continue to observe the market's complex consolidation."
06:06
Banmuxia: Stop being bullish, the market will continue to undergo complex consolidation
BlockBeats News, on December 23, Chinese crypto analyst Banmuxia stated at noon, "At this point, bitcoin is no longer a very good long opportunity. The medium-term liquidity logic has also been weakened by the recent continuous ETF sell-offs." This is not the best long opportunity, but it does not mean that there will be no further increases; it just means that the risk is increasing. During the adjustment phase, unless there is a very high probability opportunity, there is no need to participate. Continue to observe the market's complex consolidation.​​​"
06:04
Half-Wood Summer: Stop Longing, Market Still in Complex Consolidation
BlockBeats News, December 23rd. Chinese crypto analyst Banmuxiawu commented that "Bitcoin's current price level is not a very good opportunity for long positions. The medium-term liquidity logic has also been weakened by the recent continuous ETF sell-off. This is not the best moment for long positions, but it doesn't mean there won't be an uptrend later; it just implies increasing risks. During the adjustment phase, unless there is a very high probability opportunity, there is no need to participate. It is better to continue observing the market's complex consolidation."
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