Crypto currency analysts made striking statements about the current state of the market.
Important crypto currency analysts in the sector looked at the current situation of the market. In a statement made by the research company K33 analysts, it was stated that with the recent declines, leverages in futures transactions have been largely cleared, and that this was a positive development for the market.
The LMAX Group analyst emphasized that although the short-term situation may look bad, the Bitcoin halving and the increase in spot Bitcoin ETF adoption will have a positive impact on the price in the medium and long term. However, he noted that these may already be priced into the market in the short term:
As we approach the halving, we are at a point where we do not expect to see a lot of upward momentum. This is a known event. It may already be priced in by the market.
