According to Odaily Planet Daily, Chris Burniske, former head of Ark Invest's crypto business and current partner at Placeholder VC, said that market sentiment has been reset, leverage has been cleaned, and the lows of most high-quality crypto assets this round are higher than those seen in 2023.
He also pointed out that global central banks will be forced to ease policy and market volatility is expected to increase in the third quarter. The current situation is a good early bull market.