Just caught something interesting - that analyst Dr Profit apparently called the $20 billion liquidation before it happened, and now he's sharing his take on what comes next.



So the way he sees it, we just got a proper market reset. The liquidation was painful, sure, but it's clearing out the weak hands and setting up for a potential recovery. His whole thesis seems to hinge on how stocks perform though - crypto and traditional markets are still pretty connected right now.

What caught my attention is what Dr Profit actually did after the crash. Instead of sitting on the sidelines, he went shopping during the dip. Picked up positions in SUI, XRP, ONDO, ETH, and HYPE when prices were down. That's the kind of move that tells you more about sentiment than any analysis - if someone with that track record is accumulating, it says something.

The crypto market is clearly watching how this plays out. We've had the shock, we've had the capitulation, and now it's about whether we get the recovery phase. Dr Profit's positioning suggests he thinks we do, but with the caveat that it depends on broader macro conditions.

Definitely worth keeping an eye on how this develops. The altcoin space especially could see some interesting moves if we do get that bounce he's anticipating.
SUI1.4%
XRP0.84%
ONDO2.88%
ETH3.29%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin