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"Approach the Cryptocurrency Market with Caution in the Coming Months"

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Son Min
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  • On-chain analyst Willy Woo advised a cautious approach to the cryptocurrency market in the coming months.
  • While the current investment sentiment appears bullish, he stated that risk has reached its peak.
  • He mentioned that due to the large volume of profit realization, a cautious approach is necessary before the risk is resolved.
STAT AI Notice
  • The article was summarized using an artificial intelligence-based language model.
  • Due to the nature of the technology, key content in the text may be excluded or different from the facts.

There is a claim that the cryptocurrency market should be approached with caution in the coming months.

On the 10th (local time), on-chain analyst Willy Woo stated on X, "The current investment sentiment in the cryptocurrency market appears bullish," but also noted, "Caution is needed in the coming months."

He continued, "For the first time in this cycle, risk has reached its peak," adding, "The scale of profits realized through sales before the risk is resolved is large, and there is still a lot of profit realization volume remaining."

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sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit