Ansem: The seasonal factors combined with CPI will cause U.S. stocks to continue adjusting, and funds will not immediately shift from tech stocks to cryptocurrencies.

Ansem: The seasonal factors combined with CPI will cause U.S. stocks to continue adjusting, and funds will not immediately shift from tech stocks to cryptocurrencies. BlockBeats news, June 10 — Crypto influencer Ansem stated that the upcoming CPI data, the first FOMC meeting and dot plot next week, along with the continued strength of the stock market and summer seasonal factors, may trigger market de-risking and bottoming behavior over the next few months. Ansem also believes that there will be no rotation of funds from tech stocks into BTC or ETH at this time, and specifically mentioned that MSTR stock is extremely weak with insufficient support below.
Next, three things need to be watched: whether related funds continue to flow in, whether on-chain trading volume and holdings keep expanding, and whether project teams or regulators provide new confirmation information. A single piece of news can only indicate that sentiment has been ignited; subsequent data will determine whether it can settle into a trend.
Risks should also be on the table: Ansem stated this morning that he is short ETH at $1,640, planning to add positions in the $1,680–$1,700 range, with a stop-loss at $1,735. [Original link]
$btc #eth #On-chain data #监管 #Blockchain