Arthur Hayes: Market liquidity shows slight signs of improvement, but BTC still has the potential to retest $80,000
ChainCatcher News, Arthur Hayes posted on social media stating that there are signs of a slight improvement in current market liquidity:
· The Federal Reserve's quantitative tightening will end on December 1, and this Wednesday may be the last balance sheet reduction.
· The scale of credit in the US banking sector has expanded.
Currently, the market is consolidating below $90,000 and may once again test the low area around $80,000, but I believe the $80,000 level should hold. It may be time to start building small positions, but heavy positions should wait until after the New Year.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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