Ansem: A rebound is expected in the next few days, and most altcoin structures have been destroyed
PANews reported on February 3 that crypto KOL Ansem said on social media that a rebound is expected in the next few days unless Trump's negotiations with Canada and Mexico tomorrow completely fail. Currently, BTC and HYPE are performing well, and the structures of most other altcoins have been damaged and will take some time to repair.
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.
You may also like
Swiss Franc declines as US Dollar rises on Fed rate hike bets
South Korean stocks dropped over 1%
"Big short" Michael Burry: The AI bubble may burst "earlier than expected," replacing short positions with put options to increase leverage
Michael Burry suggested that the AI bubble could burst as early as next summer and has replaced all his short positions on Micron, Nebius, SOXX semiconductor ETF, and Palantir with put options to obtain lower cost and higher leveraged short exposure. He believes the AI boom is built on the unproven assumption of "sustained capital expenditure," and once revenues disappoint, capital will quickly flee.
Crypto prices
More
