Ansem: Stock indices and the storage sector may have peaked in the short term, with a bullish divergence expected in the crypto market.

BlockBeats news, June 27, cryptocurrency KOL Ansem stated that he still maintains his previous view that the stock index and storage sector have peaked in the short term at current levels. The third quarter will start next week, and the market may experience volatility at the beginning of the third quarter. He believes that the crypto market, especially BTC and SOL, has already priced in many weak factors, so price action may show a bullish divergence. However, he would not be surprised if the stock market weakens at the start of the third quarter, simultaneously triggering a sell-off in the crypto market.

Ansem said that HYPE should continue to perform well, but it may also pull back with the overall market. He reminded that the worst-case scenario is being liquidated at the bottom of a bear market before all assets rebound together, so one should be cautious when using leveraged long positions. If trading spot, he believes it is currently near the bottom and not worth overtrading; the third quarter will be a suitable phase for adding positions.