The main separation between the growing uncertainty in the market in the short term of encryption traders, and encryption builders become more upward than ever creates a major preparation for long -term investors, according to the founder of the encryption hedge box.
“This is one of the most prominent differences that I saw in feelings and essentials,” Blocktower Capital Ari Paul He said At the end of March 14.
Optimism grows between those who exceed the indigenous people
Paul said that although merchants and analysts have turned into an encryption recently, coding developers – and more widely, those who work in coding companies are less focused on the market cycle itself – are more optimistic.
Paul said: “All the data points I hear from any project or company linked to the encryption do not depend on the” indigenous population “in the short term,” Paul said.
source: Nick Pokrin
Based on, it is confident that Crypto is “good purchase” during “the timeline for 12 months” but it is not sure whether it has reached a short -term bottom so far. Crypto Matthew Hayland analyst recently said that the only way for Bitcoin to confirm that the bottom will actually be the closure of one week above 89,000 dollars.
However, on March 14, the broader encryption market rose slightly, giving traders short -term confidence.
Bitcoin (BTC) increased 3.16 % to 84,638 dollars 24 hours a day, while ETHER (ETH) increased by 1.79 % and XRP (XRP). According to To Coinmarketcap.
Over the course of 24 hours, fear of encryption and greed indexWhich measures the morale of the comprehensive encryption market, rose 19 points to 46 points, which is still in the “fear” area but is about to approach neutral lands.
source: Dan McCardel
The founder of MN Trading Capital, Michael Van de Bob, said that the high price of bitcoin over the past 24 hours has strengthened his confidence in the assets that resume its upward direction by June.
Exodus market providing an opportunity for “sustainable value” investments
“It is clear that it is low, and the highlands were not clearly touched,” Van de Bobby He said At the end of March 14.
Related to: Bitco Bull Market is in danger as it looms on the horizon
He added: “It is very likely that we start a new trend on the lower time frames that enter into good Q2.”
Paul also said that it might be the time to explore the traditional investment encryption investments with long -term expectations.
“Good time to search for traditional VC Crypto” investments. Through “traditional”, I mean the term, and focus real on creating sustainable value, and there is no quick liquefaction plan. “
magazine: Vitalik on Ai Apocalypse, La Times on the other side KKK, llm GROOMING: AI Eye
Related Articles
