Wintermute OTC Lead: Major Coin Breaks Below Key Moving Average, Trend Funds Exiting Short Term / Amazon Finance: Crypto News, We Are Faster

Wintermute OTC Lead: Major Coin Breaks Below Key Moving Average, Trend Funds Exiting Short Term

12-24 , 11:49 >>>

December 24th, Wintermute OTC Head Jake posted on social media, stating, "Most traders will naturally become trend followers, especially those who are purely profit-driven. Currently, BTC, ETH, and SOL are all trading below their respective moving averages, which is enough to deter short-term speculators.""However, conversely, the same logic holds true: once they reclaim key moving averages, funds will systematically flow back in, and market momentum will also recover."