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
Former SEC Chairman Gensler says he is "proud" of taking enforcement actions to regulate cryptocurrencies
Tether issued an additional 1 billion USDT 3 hours ago.
BitGo officially submits S-1 filing to the US SEC, initiates IPO process
Trending news
MoreCrypto prices
More
