Economist Alex Kruger: The current market is very likely the beginning of a trending move
Foresight News reported that economist Alex Kruger tweeted, "This is very likely the beginning of a trending market for cryptocurrencies. In a trending market, the main risk is taking profits too early. For traders, transitioning from a range-bound market to a trending one is often quite challenging, as they have long been accustomed to exiting after only a few percentage points of gains. I hope to complete my full positioning before bitcoin breaks through the $120,000 mark."
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
Bloomberg Analyst: BTC May Fall Below $84,000 by Year-End, 'Santa Claus Rally' Unlikely to Occur
Current mainstream CEX and DEX funding rates indicate that the market remains broadly bearish.

Some Meme coins continue to rise during the market pullback, with JELLYJELLY surging 37% against the trend.
