Crypto analysts made remarkable statements about the current state of the market.
Key crypto analysts of the sector took a look at the current state of the market. In a statement made by the research company K33 analysts, it is indicated that with the recent declines, leverage on the futures side has been largely cleared, which is considered a positive development for the market.
Analyst from LMAX Group emphasized that, although the short-term outlook may look bad, the Bitcoin halving and the increasing adoption of spot Bitcoin ETF will have a positive impact on the price in the medium and long term. However, he noted that these factors may already be priced in in the short term:
When the halving comes, we are at a point where we do not expect much upward momentum. This is a known event. It could be well priced by the market.
