Top analysts have differing opinions on the recent trend of cryptocurrencies. Tom Lee from Fundstrat believes the market may rebound, noting that the bottom trend is consistent, with a target price of $77,000 for Bitcoin and $2,400 for Ethereum. In contrast, Alex Thorn from Galaxy and Aurelie Barthere from Nansen predict further price declines. Thorn pointed out that Bitcoin could fall to around $50,000, near the 200-week moving average. Barthere emphasized the macroeconomic risks posed by potential Federal Reserve policy changes. Despite the pessimistic outlook, on-chain data shows that some large holders are increasing their positions at the current price levels.
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Top analysts have differing opinions on the recent trend of cryptocurrencies. Tom Lee from Fundstrat believes the market may rebound, noting that the bottom trend is consistent, with a target price of $77,000 for Bitcoin and $2,400 for Ethereum. In contrast, Alex Thorn from Galaxy and Aurelie Barthere from Nansen predict further price declines. Thorn pointed out that Bitcoin could fall to around $50,000, near the 200-week moving average. Barthere emphasized the macroeconomic risks posed by potential Federal Reserve policy changes. Despite the pessimistic outlook, on-chain data shows that some large holders are increasing their positions at the current price levels.