Bitget App
Trade smarter
Matrixport Lianchuang: This round of selling is caused by insufficient liquidity and CTA follow-up trading, and the market is expected to recover soon
Bitget2025/02/03 06:57
Daniel Yan, co-founder of Matrixport, stated in a post on X that the current Asian market is overly sensitive to negative news and lacks independent thinking. This round of selling is a typical weak market caused by insufficient liquidity and commodity trading advisors (CTAs) following the trend. The impact of the new tariff policy on US productivity and inflation is limited, and the market is expected to recover soon.
0
0
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.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!
You may also like
PetroChina: Exploring the Possibility of Stablecoin Cross-Border Settlement
Chaincatcher•2025/08/28 04:18
Statistics: In YZY token trading, 1,025 people lost between $10,000 and $100,000, and 3 people lost over $1 million.
Chaincatcher•2025/08/28 03:47
US Treasury sanctions North Korean crypto IT scam
Chaincatcher•2025/08/28 03:37
Trending news
MoreCrypto prices
More
Bitcoin
BTC
$112,864.48
+1.18%
Ethereum
ETH
$4,567.82
-1.46%
XRP
XRP
$3
-0.55%
Tether USDt
USDT
$1
-0.01%
BNB
BNB
$871.13
+0.82%
Solana
SOL
$211.48
+3.68%
USDC
USDC
$1.0000
-0.02%
Dogecoin
DOGE
$0.2244
+0.77%
TRON
TRX
$0.3479
-0.93%
Cardano
ADA
$0.8714
-0.06%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now