Chinese Analyst Warns of Bearish Shift If Long-Term Investors Leave Crypto Market

Cryptocurrency analyst Willy Woo has issued a warning about potential market instability in the current bull run. He believes that unlike previous cycles fueled by short-term speculation, this cycle is driven by long-term investors, particularly those holding their assets for longer durations. 2023’s bullish trend is attributed to increased investment from these patient holders, but Woo suggests a decline in this ‘spot liquidity’ could trigger a bearish reversal. 💰