Opinion: If the cryptocurrency market adapts to the new economic structure, capital inflow can be restored
In a message from ChainCatcher, Noelle Acheson, the author of "Crypto Is Macro Now", stated that BTC is still a safe haven. She pointed out: "The short-term price of BTC is determined by the last round of short-term trading. In the long run, Bitcoin remains a secure safe haven.
Currently, the market is in a risk-averse mood, so macro portfolios are reducing their positions. There has not been any new capital inflow needed to start the next round of rise yet; this may take some time due to high uncertainty among professional and retail investors.
However, once the market adapts to the new economic pattern, capital inflows into cryptocurrency markets will resume and maintain its positive momentum."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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