Q: Wormhole (W) has fallen more than 40% from its highs, and one long position is sitting on an unrealized loss of nearly $900,000—what impact will this have on the market?
A: It’s somewhat bearish, but sentiment is often amplified. Ultimately, capital flows and market structure have the final say. $BTC The current price is 83491.45; there’s no need to jump to conclusions before it holds key support.
#BTC
A: It’s somewhat bearish, but sentiment is often amplified. Ultimately, capital flows and market structure have the final say. $BTC The current price is 83491.45; there’s no need to jump to conclusions before it holds key support.
#BTC