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Home News Analyst: This bull market cycle has been driven by long-term hodlers. If their influence starts to wane, the market is likely to quickly shift to a bearish outlook.

Analyst: This bull market cycle has been driven by long-term hodlers. If their influence starts to wane, the market is likely to quickly shift to a bearish outlook.

Analyst: This bull market cycle has been driven by long-term hodlers. If their influence starts to wane, the market is likely to quickly shift to a bearish outlook.

BlockBeats News, October 20th, Cryptocurrency analyst Willy Woo published a post stating that the liquidity that drove the peak of the last bull market mainly came from the “weak hands” derivatives market. The essence of “weak hands” is a short-term speculative tool—people are willing to enter the game, but will not stay for the long term.

The current cycle is presenting a different trend. “Weak hands” liquidity has begun to fade, while long-term spot liquidity remains stable. However, this does not signal a bullish outlook for the “supercycle.” Once the spot liquidity of long-term investors starts to decline, the market sentiment will quickly turn bearish.

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