News

Jinse Finance reported that Eric Balchunas, Senior ETF Analyst at Bloomberg, stated on the X platform that a fact that bears or pessimistic market views are often reluctant to accept is that, whether in traditional stock markets or bitcoin, there is a historical record of recovering from major drawdowns and eventually reaching new all-time highs. This is almost a "100% perfect record." Perhaps this time may be different, but for now, this is indeed an indisputable fact, which is also why he tends to avoid blindly following the crowd during market downturns.

BlockBeats News, February 6, analyst @alicharts posted that although the market saw a brief rebound, some altcoins did not experience a significant rebound along with bitcoin. From the chart performance, many altcoins are likely to face a deeper decline (such as THETA, FIL, DOT, AVAX, etc.). @alicharts believes that the decline in altcoins is still in its early stages. The overall market structure indicates that there will be more downward trends in the future, and for traders who are well-prepared, there are still many opportunities to profit from this market environment. @alicharts is skilled at analyzing the market using charts and historical trends, and has shifted from a bullish to a bearish outlook on the crypto market since October last year.

PANews, February 6th – According to Jinse Finance, sources revealed that Eurozone finance ministers will discuss the issuance of a euro-denominated stablecoin, as well as ways to enhance the euro's status through more joint EU debt and other measures.