Deribit Asia Pacific Business Head: From the data and indicators, the market has officially turned from bull to bear, and the short-term outlook is not optimistic
According to ChainCatcher's message, Lin Chen, the head of Asia-Pacific business at Deribit, stated that based on data and indicators, the market has officially transitioned from a bull market to a bear market, with an unfavorable short-term outlook and significant selling pressure expected during any rebounds.However, from a long-term perspective, she remains optimistic, believing that when the macro environment (including tariffs, inflation, interest rate cuts, geopolitical conflicts, and breakthroughs in artificial intelligence technology) improves, the Bitcoin market will see another upward trend.As an industry practitioner holding Bitcoin, Lin Chen plans to continue holding Bitcoin in the coming months, generating income by selling call options and purchasing a small amount of long-term put options to increase her spot holdings.