Placeholder Partner: Market risk appetite has not weakened, and the decline may be affected by year-end liquidity factors
Chris Burniske, partner at Placeholder, wrote on the X platform: “Even though BTC is playing with fire, ETHBTC, SOLETH, and SOLBTC are still performing well. This makes me think that this is not a sign of weakening market risk appetite, but more likely affected by year-end liquidity factors, and people are sorting out their books for 2024.”
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.
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