《After the huge震 in the crypto market in October, can we really enter the "crazy rise" mode by the end of the year?》

Tom Lee stated in an interview with CNBC that on October 11, the cryptocurrency market experienced a massive deleveraging operation, partly due to tariffs and trade frictions. This was the most severe liquidation in the crypto industry in the past five years, and the impact has been particularly significant; even two weeks later, the pessimistic atmosphere in the market remains thick.

However, I believe this terrible situation is about to end soon. You see, the contract positions for Bitcoin and Ethereum have dropped to historic lows, and from a technical indicator perspective, their trends are turning in a positive direction. So I dare say that cryptocurrency will definitely see a wave of price increase before the end of the year.

Also, JPMorgan recently hinted that they might use cryptocurrencies as collateral in the future, which would definitely boost market confidence significantly. As for the upcoming strategic layout, I will join my loyal followers in targeting the opportunities for massive profits in altcoins, aiming to double our investments and gather in the chat room to arrange our plans. #加密市场观察