MN Trading CEO predicts that the market will continue to consolidate, and altcoins are unlikely to face further downward pressure
According to TechFlow, Michaël van de Poppe, CEO and founder of MN Trading, said on X that the market is going through a dull period and sideways consolidation is expected to continue for a while. He further pointed out that altcoins seem unlikely to face further downward pressure.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
In the past 7 days, only 5 public blockchains had fee revenues exceeding $1 million.
Data: If ETH falls below $2,882, the total long liquidation volume on major CEXs will reach $962 millions.
Musk: Grok is open-source software, anyone can use it for free
150 BTC transferred from an anonymous address to an exchange