Nansen analyst: There's a 70% chance that the crypto market will hit bottom between April and June
According to Cointelegraph, Aurelie Barthere, the chief research analyst at Nansen crypto intelligence platform, stated that based on Nansen's data estimates, there is a 70% chance of cryptocurrency prices bottoming out from now until June. The current trading prices of BTC and ETH are respectively 15% and 22% lower than their highest prices so far this year.
Given these data, the upcoming discussions will become important market indicators. Once the toughest part of tariff negotiations is over, there will be a clearer opportunity to see cryptocurrencies and risk assets finally bottom out.
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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