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Trader Eugene: Counterfeit coin investors are eager to sell spot goods, the market may enter a longer consolidation phase

Trader Eugene: Counterfeit coin investors are eager to sell spot goods, the market may enter a longer consolidation phase

Bitget2024/12/22 07:01

Trader Eugene Ng Ah Sio stated at X about the altcoin market: "Altcoins, after forming wick lows, fell back to these levels within less than 48 hours, indicating that investors are extremely anxious about holding spot assets and eager to sell. The market may enter a longer adjustment period or fall rapidly in a short time."

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