Site na Daily Hodl - ọnwa abụọ gara aga - Oge ọgụgụ: nkeji 10
Crypto Bear na-akpọ oku maka oke ọdịda Bitcoin (BTC) na Ethereum (ETH) Plus Altcoin Capitulation
A widely followed crypto trader is issuing a warning to market participants that he expects massive drops ahead for digital assets.
In a lengthy message, pseudonymous trader and crypto bear Capo agwa his 766,600 Twitter followers that he envisions Bitcoin (BTC) to drop toward the $12,000 level and for Ethereum (ETH) to dip to somewhere between $500-$700, though no specific timeframe is given.
The strategist, who has remained bearish on crypto assets despite this year’s rally, also says he expects an altcoin capitulation that sees them losing more than half of their value.
“The analysis hasn’t changed. Price is still at major resistance and as said before, the movement looks manipulated. A capitulation event is still likely and the main targets remain $12,000 for BTC and $500-$700 for ETH.
Altcoins would drop 60-80% on average.”
Capo says that many altcoins are showing signs of weakness or have already retraced from this year’s rally and are set to hit fresh lows.
The trader says he’s building short positions on a handful of crypto assets, including Binance mkpụrụ ego (BNBSolana (SOLna Polygon (MATAT), which have all recently been ebubo to be securities by the U.S. Securities and Exchange Commission (SEC).
“Many altcoins have already made a new low below that of 2022 and some are even reaching Covid lows. Others have retraced much of this year’s bear market rally and are about to make new lows.
That’s why I have been building short positions for the mid-term (with low leverage) in which I’m adding size at key resistances and in the altcoins that I think may drop more (BNB, TRX, SOL, AAVE and MATIC). All these positions are in profit except the TRX one.”
Echefula Beat - Idenye aha iji nweta ọkwa ozi-e zigara ozugbo na igbe mbata gịTulee price Action
Soro anyị na Twitter, Facebook na telegram
ịwagharị Ngwakọta Daily Daily
Lelee Isi akụkọ kacha ọhụrụ
Ngọnarị: Echiche ndị e gosipụtara na Daily Hodl abụghị ndụmọdụ ntinye ego. Ndị na-etinye ego kwesịrị ime mkpebi siri ike tupu ha etinye ego ha nwere nnukwu ihe ọghọm Bitcoin, cryptocurrency ma ọ bụ ihe dijitalụ. Biko nye ndụmọdụ ka ị nyefe gị na azụmaahịa gị nọ n'ihe egwu gị, na ihe ọ bụla funahụrụ gị nwere ike ịbụ ibu ọrụ gị. Daily Hodl anaghị akwado ịzụrụ ma ọ bụ ire nke ihe ọ bụla cryptocurrencies ma ọ bụ akụ dijitalụ, ọbụnadị Daily Hodl abụghị onye ndụmọdụ itinye ego. Biko rịba ama na Daily Hodl na-esonye na ahịa mmekọ.
Foto egosipụtara: Shutterstock/Zaleman
The post Crypto Bear na-akpọ oku maka oke ọdịda Bitcoin (BTC) na Ethereum (ETH) Plus Altcoin Capitulation pụtara na mbụ Hodbọchị Hodl.
Isi mmalite: Hodbọchị Hodl