Gate News bot 消息,BRN 首席研究分析师 Valentin Fournier 认为,鉴于加密市场看跌信号不断累积,包括ETF流入量下降、市场动能减弱以及加密货币 IPO 数量激增,表明近期将出现获利回吐,因此有必要采取防御措施。
Fournier称,pump.fun进行代币销售、Circle上市等事件可能意味着,加密货币公司将当前市场视为利用高估值获利的机会之窗,这是一个典型的信号,表明内部人士可能预期未来增长放缓或价格下跌。
他还指出,流入美国现货加密货币 ETF 的资金也开始减少,比特币 ETF 的流入量从周二的 3.75 亿美元放缓至周三的 8700 万美元,而以太坊 ETF 的流入量在同一时期几乎减少了一半,至 5700 万美元——打破了其近期的强势,并证实势头减弱。
Fournier总结道:“尽管宏观数据强劲且通胀有所缓解,但加密货币市场却未能做出反应,IPO 活动的激增表明估值泡沫化,以及内部人士在价格高企之际退出的意愿。再加上 ETF 流入量减少和价格下跌,我们认为这是市场疲软、燃料耗尽的迹象。我们正在降低风险,转向更具防御性的姿态,因为我们预计市场将逐步下行,而长期投资者则会重新入场。”
消息来源:The Block
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