Placeholder Partner: The current situation is a very good early form of a bull market

Former Ark Invest crypto head and current Placeholder VC partner Chris Burniske posted on X saying that market sentiment has reset, leverage has been washed out, and the lows of this round for most high-quality crypto assets are far higher than what we saw in 2023. At the same time, global central banks will soon be forced to ease policies, and market volatility in the third quarter is expected to intensify. Regardless, it's a good early bull market pattern right now.