BlockBeats News, December 23rd. Chinese crypto analyst Banmuxiawu commented that “Bitcoin’s current price level is not a very good opportunity for long positions. The medium-term liquidity logic has also been weakened by the recent continuous ETF sell-off.
This is not the best moment for long positions, but it doesn’t mean there won’t be an uptrend later; it just implies increasing risks. During the adjustment phase, unless there is a very high probability opportunity, there is no need to participate. It is better to continue observing the market’s complex consolidation.”
