Never short a depressed market,

Multiple factors may stimulate an explosive rebound in the crypto market!

Matrixport released today's chart saying that as the total market value fell from $2.7 trillion to $2.3 trillion, the daily trading volume of cryptocurrencies also fell from $180 billion to $50 billion.

There is a saying in traditional finance "Don't short a depressed market" because a little momentum can push prices up.

This may also apply to the crypto market, because during the summer downturn, given multiple possible stimulus factors (such as the Fed's rate cuts, the US presidential election, etc.),

the market may see an explosive rebound.

The above content is for information sharing only and does not constitute any investment advice! Investment is risky, so be cautious when entering the market!

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