When will the encryption market escape from its stagnation? (Analyst Yazan)
The encryption market is stuck in “No Man’s Land”, with the recession and speculation that is its uncertain future.
This is according to the Crypto Aylo analyst, which says that the sector is fighting to find a trend, with the price drop significantly and the bull’s operators become rare.
The recession and the weak demand weighing on the encryption
In the lengthy mail In X, Ilo said it is outside Bitcoin (BTC) and Ethereum (ETH), the market has almost witnessed any growth in the past four years. Trading sizes also stopped, and the general market ceiling failed to record any meaningful growth.
He also criticized the lack of strong accounts and projects of real benefit, saying that the situation hindered the momentum and raised concerns about the investor’s long -term confidence.
The expert wrote: “We lack the novels and projects that people already believe (the symbols that people already want to buy and keep).”
In addition to uncertainty, CEO CEO warned recently that the Bitcoin session has already ended. He said that the next six months can face a side direction or a declining direction.
The price of the coded currency number one decreased by more than 23 % of its highest level in January 109,000 dollars, as liquidity flows are slowing down. Moreover, the pressure pressure from the investors who have accumulated BTC recently, but now they emptied at lower prices that have worsened the shrinkage.
In Aylo’s opinion, Bitcoin’s fate is intertwined with macroeconomic factors. He noticed that the assets were often fought to gather independently of the stock market movements, a view that has been reduced by the colleague of the analyst Credbull.
While gold was good in unconfirmed circumstances, BTC is still treated as a short -term origin. However, the market observer claimed that if the precious metal maintains the most famous rising trend, which he witnessed exceeding $ 3000 to register the highest new level ever, the cryptocurrency will eventually follow its example.
Meanwhile, data from Cryptoquant indicates that flexibility is built between bitcoin owners. The number of those who hold the origin increased for 3 to 6 months, indicating that in the long run investors remain confident even as prices fluctuate.
Providing accreditation and institutional organization of hope
Despite the slowdown in the market, some observers believe that the upcoming organizational changes can provide a batch that affects the need.
In response to the Illenas Publication, Ignas, an expert in decentralized financing (Defi), Duplicate The institutional players change strategies. The new KYC complexes of Coinbase for distinctive assets and increase the participation of Stablecoin from major companies such as Revolution and Paypal as signs of a variable encryption scene.
Meanwhile, the diverse position of the United States government on digital assets can be towards the market. user male These improved regulations may benefit from quality projects, although the broader market activity will probably remain silent until traditional financial markets settle.
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