Garrett Jin believes the crypto market is still in a range-bound phase and suggests remaining cautious.

PANews reported on March 3 that Garrett Jin, the agent of "1011 Insider Whale," posted on the X platform stating that the current market transmission logic is that geopolitical factors affect macroeconomics, which in turn impact the crypto market. Key indicators to observe include oil prices, the US Dollar Index, and the yields of US 2-year and 10-year Treasury bonds. He pointed out that the crypto market is still in a range-bound phase, but maintaining caution at this time is a typical choice.