According to Odaily, Evgeny Gaevoy, the founder and CEO of Wintermute, has expressed optimism about the current market situation. Gaevoy stated that the current market trends are merely seasonal phenomena typical of the summer months. He further predicted a market recovery in August and September, ahead of the US elections.
Gaevoy's statement comes at a time when the market is experiencing fluctuations, which he attributes to seasonal trends. He urged stakeholders to remain calm, assuring them that the market would regain its strength in the coming months. His prediction of a recovery before the US elections indicates his belief in the resilience of the market.
This news provides a positive outlook for investors and market participants who may be concerned about the current market trends. Gaevoy's assurance of a market recovery could potentially boost confidence among stakeholders and encourage continued investment in the market. However, as with any market prediction, it is important for investors to conduct their own research and make informed decisions.
