Former Bloomberg analyst: assets against market trends deserve attention
2024-05-12 07:48:03
Former Bloomberg analyst Jamie Coutts CMT said on the X platform that the total market excluding BTC and ETH has fallen by 11.8% in the past month. The Mkt structure in cryptocurrencies is similar to that of stocks, and when the market falls, the dispersion decreases (the correlation increases). Therefore, assets that are against the market trend are worth watching.
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