MN Trading CEO predicts that the market will continue to consolidate, and altcoins are unlikely to face further downward pressure
According to TechFlow, Michaël van de Poppe, CEO and founder of MN Trading, said on X that the market is going through a dull period and sideways consolidation is expected to continue for a while. He further pointed out that altcoins seem unlikely to face further downward pressure.
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.
You may also like
Arthur Hayes transfers 700 ETH to B2C2Group
Data: Arthur Hayes transferred another 700 ETH to a market maker, worth approximately $2.22 million
Dutch Central Bank Governor: Stablecoin Runs Could Force ECB to Rethink Interest Rate Policy
Data: 1,579.11 ETH transferred from an exchange to Bitget, valued at approximately $5.0346 million