10x Research: It is expected that there will be positive macroeconomic news next week, but in the medium term, it's not an important buying opportunity
ChainCatcher news, 10x Research stated that its initial Bitcoin drop target of $55,000 has been reached. Bitcoin seems to be oversold in the short term and a rebound may occur, with positive macroeconomic news expected next week.
In addition, the SEC may approve an Ethereum ETF, which could have a positive impact in the short term. However, they believe this is not an important buying opportunity in the medium term.
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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