Editor's PiCK
"Virtual Asset Market, Unstable After Last Month's Surge... High Possibility of Flash Crash"
YM Lee
Summary
- According to a Cointelegraph report, Michael Van de Poppe, the founder of MN Capital, stated that the current instability in the virtual asset market could lead to large-scale adjustments like a Flash Crash.
- Van de Poppe mentioned that such adjustments could provide many investment opportunities as a variable in the market.
- Investors should view this situation as a market entry opportunity, according to Van de Poppe.
The virtual asset (cryptocurrency) market has not yet found a stable footing after experiencing a significant surge last month, according to analysis.
According to a report by Cointelegraph on the 4th (local time), Michael Van de Poppe, a renowned virtual asset analyst and founder of MN Capital, predicted that "considering the current market situation, there is a high possibility of a large-scale adjustment, which could lead to a Flash Crash (a sudden price change causing a momentary price collapse)."
He noted that such adjustments could become a turning point for market entry opportunities. Van de Poppe emphasized, "Investors should not be discouraged by this and should see it as an opportunity to enter the market."
YM Lee
20min@bloomingbit.ioCrypto Chatterbox_ tlg@Bloomingbit_YMLEE
