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Ansem: Investors waiting for the cycle bottom to buy the dip may be forced to chase higher prices, as the crypto market has already bottomed out.

1 hours ago

Crypto trader Ansem stated in a post that it is nearly impossible to wait for lower prices, noting that the crypto market had experienced the worst cross-asset underperformance in history while US equities surged higher throughout the period. The crypto market ultimately bottomed amid the most bearish industry sentiment in recent years. Veteran investors still waiting for the "four-year cycle bottom" will have to chase this rally. For traditional finance (TradFi) investors seeking to diversify their exposure, crypto assets are growing increasingly attractive for momentum trading, and may also act as allocation assets in long-term portfolios to hedge against irresponsible US fiscal policies.

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Altcoin treasury companies posted strong stock gains, leading the rally in crypto-related concept stocks.

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The Bank of Japan may have conducted an interest rate check in the foreign exchange market.

According to Nikkei News, the Bank of Japan may have conducted interest rate checks in the foreign exchange market.

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A crypto whale lays out 10 key targets, still holds that Bitcoin will target $100,000 once it stabilizes at $80,000.

Crypto whale "Set 10 Big Goals First" posted on social media, stating: "I said earlier this month that if Bitcoin holds steady above $80,000, it will target $100,000 – the last chance to get in."

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Federal Reserve's Schmid: Voted in favor of interest rate hikes, high inflation is a sign of supply-demand imbalance.

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Samsung Electronics is hiring developers in New York responsible for Samsung Wallet’s payment business.

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If Bitcoin breaks through $83,000, the cumulative liquidation volume of short positions on major centralized exchanges (CEXs) will reach $560 million.

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