According to CryptoQuant analyst Axel Adler Jr, the problem in the late bull market is that investors' risk appetite has declined. The data shows that the indicator broke through 1.9 in March and December 2024, but now the indicator is forming a lower peak, and holders are actively selling, putting pressure on the market. Although investors are still taking profits, the marginal premium on the cost basis of each new price increase is getting smaller and smaller.
Analysts said that considering that the Federal Reserve is expected to cut interest rates twice this year, two more increases are expected in this cycle, after which selling pressure will exceed demand and the market will enter a correction phase.
Analysts: Considering that the Federal Reserve is expected to cut interest rates twice this year, it is expected that there will be two more opportunities for this bull market to rise
2025-08-04 07:11:02
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