Elliott, with $80 billion in assets, is sounding the alarm: almost every bear-market warning light is flashing.
In its October letter to investors, it called out fiscal deficits, stubborn inflation, risks in private credit, and a costly race to build AI infrastructure. That suggests the vulnerability isn’t confined to any one sector—it’s the whole table.
Interestingly, its returns for the first three quarters of this year were still below 2%, while the S&P 500 gained nearly 13% over the same period. In other words, even the bears haven’t outperformed, so listen to the warnings—but draw your own conclusions.
$BTC is currently around $76,600, down about 2% in 24 hours. $BNB has also fallen below $700 and is now around $696. When risk appetite cools, no major coin is immune.
#MarketSentiment
In its October letter to investors, it called out fiscal deficits, stubborn inflation, risks in private credit, and a costly race to build AI infrastructure. That suggests the vulnerability isn’t confined to any one sector—it’s the whole table.
Interestingly, its returns for the first three quarters of this year were still below 2%, while the S&P 500 gained nearly 13% over the same period. In other words, even the bears haven’t outperformed, so listen to the warnings—but draw your own conclusions.
$BTC is currently around $76,600, down about 2% in 24 hours. $BNB has also fallen below $700 and is now around $696. When risk appetite cools, no major coin is immune.
#MarketSentiment
