CandleFocus ‘Depressing Bear Market’ Potentially About To Begin for Altcoins Amid Worrying Signs in Stock Market: Veteran Trader
2025-02-25
Author: Content Editor
A trader and analyst known as The Flow Horse is warning that altcoins could be entering a bear market as the US stock market shows concerning signs. The trader believes that recent pump-and-dump schemes related to memecoins are exaggerated and could signal a decline in the crypto space. Additionally, the trader points to trend shifts in US tech stocks and concerns about the impact of efforts to reduce the federal workforce on the market. The trader advises traders to be cautious and suggests that long-term holders of altcoins may experience pain in the current market conditions.
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