HTX Chief Analyst: Bitcoin Pullback Is Normal, Altcoin Divergence Expected to Persist
HTX chief analyst Cloud stated that the recent Bitcoin pullback to the $83,000 level is a normal correction rather than a trend reversal, driven by high U.S. Treasury yields. The analyst noted that altcoins are experiencing greater volatility due to a lack of liquidity and higher leverage. Market divergence is expected to continue until key U.S. PCE and non-farm payroll data are released this week.
Summaries are written by AI from the original article. Not investment advice.