There will be many difficulties in the current cycle.

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Meltem Demirors, a veteran expert in the cryptocurrency field, believes that the upcoming outflows could pose significant challenges for the cryptocurrency market.

Demirors, a partner at the investment firm Crucible Capital, shared that "there is apathy and complacency everywhere."

"The overall view shows that the current trading volume of Bitcoin is lower than before the election, and the potential volatility in the options markets is also at an extremely low level – this indicates that the demand for leveraged Bitcoin trades from professional traders is very weak."

So how will the cash flow in the crypto market unfold in the coming time? The year 2024 is expected to be a strong year due to the ETF funds and the growth from the Trump Pump along with a prolonged investment strategy, creating a record year for inflows. We also see Gox moving coins but not creating selling pressure. At the same time, there is not much demand. The market may move sideways for a period.

I still believe that we have many difficulties ahead in this cycle and the outcome will only have two possibilities. Every week, 800 million dollars worth of tokens are unlocked. Please choose my buying demand. Please help me find the account that has not expired. This is the truth.

cryptoSource: Meltem DemirorsDemirors stated that the cryptocurrency market's price increase this week is a "healing explosion move" due to retail traders and attempts to trade algorithmic goods (CTA) ultimately.

The total cryptocurrency market capitalization can increase by more than 4.4% over the past seven days.

Disclaimer: The article is for informational purposes only and is not investment advice. Investors should conduct thorough research before making any decisions. We do not take responsibility for your investment decisions.

  • The market predicts that the price of Bitcoin will not exceed 138,000 USD by 2025.
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Minh Anh

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