Wintermute OTC Lead: Major Coin Breaks Below Key Moving Average, Trend Funds Exiting Short Term
BlockBeats News, December 24th, Wintermute OTC Head Jake posted on social media, stating, "Most traders will naturally become trend followers, especially those who are purely profit-driven. Currently, BTC, ETH, and SOL are all trading below their respective moving averages, which is enough to deter short-term speculators."
"However, conversely, the same logic holds true: once they reclaim key moving averages, funds will systematically flow back in, and market momentum will also recover."
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.
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