Bitwise CEO Hunter Horsley stated that Bitcoin has fallen nearly 30% this year, with double-digit declines in a single day entering bear market territory. However, he believes that the current correction is more influenced by macroeconomic factors, as cryptocurrencies are being sold off alongside high-liquidity assets like US stocks and gold. Meanwhile, long-term holders' confidence is wavering, but new institutional entrants see this as a "second entry opportunity after missing out."
During this turbulent transition phase, do you think this is the start of a deep bear market or a window for long-term allocation? Welcome to discuss #当前行情抄底还是观望?
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HaonanChen
· 6h ago
Hold on tight, we're about to take off 🛫
View OriginalReply0
HaonanChen
· 6h ago
First pot of gold, oh okay okay okay, I am now going to a place to eat. Sure, what are you doing, beautiful? Photo
Bitwise CEO Hunter Horsley stated that Bitcoin has fallen nearly 30% this year, with double-digit declines in a single day entering bear market territory. However, he believes that the current correction is more influenced by macroeconomic factors, as cryptocurrencies are being sold off alongside high-liquidity assets like US stocks and gold. Meanwhile, long-term holders' confidence is wavering, but new institutional entrants see this as a "second entry opportunity after missing out."
During this turbulent transition phase, do you think this is the start of a deep bear market or a window for long-term allocation? Welcome to discuss #当前行情抄底还是观望?