Half-Wood Summer: Stop Longing, Market Still in Complex Consolidation
BlockBeats News, December 23rd. Chinese crypto analyst Banmuxiawu commented that "Bitcoin's current price level is not a very good opportunity for long positions. The medium-term liquidity logic has also been weakened by the recent continuous ETF sell-off.
This is not the best moment for long positions, but it doesn't mean there won't be an uptrend later; it just implies increasing risks. During the adjustment phase, unless there is a very high probability opportunity, there is no need to participate. It is better to continue observing the market's complex consolidation."
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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