Market Recovery Dependent on Major News Events: Trader Warns

Renowned trader Ansem has cautioned the cryptocurrency market against expecting a V-shaped recovery in the current climate. According to an X post from Odaily, Ansem believes this kind of rebound is unlikely unless a major news event occurs, such as changes in the Federal Reserve’s monetary policy or the easing of trade tariffs. Instead of attempting to predict a bottom for the market, he urges investors and traders to respond actively to any significant developments that emerge.