The CEO of Digital Asset Market Intelligence Formce Cryptoquant highlights one of the factors that hinder Bitcoin (BTC) and other cryptocurrencies of the assembly.
Ki Young Jo Recount His 410,300 followers on the social media platform x that the encryption markets and bitcoin “may remain slow to improve feelings in the United States.”
However, Cryptoquant CEO says that market expectations are still unchanged.
“There is no great activity on the series, and the main neutral indicators, indicating that the bull cycle is still intact. The basics are still strong, with more online mining platforms.
If the course ends here, it is a result that no one wants – not ancient whales, mining companies, traditional financing sector, or even Trump. (To get your information, the market is not interested in retail trade.)
I go to Ethereum (ETH), CEO of Cryptoquant He says The second largest encryption asset in the market is not in the distribution stage-a stage in the market cycle that occurs after the operation of a long period of bull, but before the start of the long bear operation. In the distribution stage, the prices move side in the range before starting the declining direction.
According to Ki Young JU, the liquidity emanating from retail traders and investors are weak in relation to the level of liquidity registered during the previous bull cycle.
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Disclosure: The views expressed in Daily Hodl are not an investment advice. Investors must do due care before making any high -risk investments in bitcoin, cryptocurrency, or digital assets. Please note that your transfers and trading on your own responsibility, and any losses you may bear are your responsibility. Daily Hodl does not recommend buying or selling any encrypted currencies or digital assets, and Hodl Daily Andersor is an investment. Please note that the daily Hodl participates in dependent marketing.
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