☄️Market Sentiment Worsening on the Crypto Market
$156 Million in Long Positions Liquidated in 24 Hours 👀
🌧Major FUD (Fear, Uncertainty, Doubt) Currently:
▪️There is widespread concern that the return of BTC and BCH from Mt Gox will lead to immediate market sales, causing the market to decline even further.
▪️Ethereum ETF Demand: There is skepticism about the demand for an Ether ETF, with fears that prices might drop to $2,400 once trading begins.
▪️Rumors are circulating that Solana may be under investigation, potentially leading to significant market impacts soon.
☀️Positive Highlights:
▪️Michael Saylor’s Prediction: Michael Saylor has predicted that Bitcoin will eventually reach a price of $10 million, and that China will lift its ban on cryptocurrency trading.
▪️The Japanese company Metaplanet, similar to MicroStrategy, plans to issue $6.3 million in bonds to purchase BTC.