Viewpoint: If the cryptocurrency market adapts to the new economic landscape, capital inflow can be restored
ChainCatcher message, author of the newsletter "Crypto Is Macro Now" Noelle Acheson states that BTC remains a safe haven, noting: "The short-term price of BTC is determined by the previous round of short-term trading, and in the long term, Bitcoin remains a safe haven.
Currently, the market is in a risk-averse sentiment, so macro portfolios are reducing their positions, and there is no new capital inflow needed to initiate the next round of increases, which may take some time, as both professional and retail investors are highly uncertain.
However, the tailwind remains intact, and once the market adapts to the new economic landscape, the inflow of funds into the cryptocurrency market will resume, and the tailwind remains intact."
Related tags
ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.
Related tags