Odaily Planet Daily News 10X Research analyst Markus Thielen said: 'Now is not the time to Buy the Dips, as BTC may fall to the $73,000 range. He believes that the current situation is like the speculative bubble burst of DeFI/Non-fungible Tokens after the bull market in 2021, and Meme coin big dump has punished many related Tokens. The market's structural decline indicates a weakening fundamental, and now is a time for caution, not complacency. The next major (pump) trend will require a new narrative.' (Coindesk)
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10X Research analyst: It's not yet time to Buy the Dips, BTC may fall to the $73,000 range
Odaily Planet Daily News 10X Research analyst Markus Thielen said: 'Now is not the time to Buy the Dips, as BTC may fall to the $73,000 range. He believes that the current situation is like the speculative bubble burst of DeFI/Non-fungible Tokens after the bull market in 2021, and Meme coin big dump has punished many related Tokens. The market's structural decline indicates a weakening fundamental, and now is a time for caution, not complacency. The next major (pump) trend will require a new narrative.' (Coindesk)