Analyst predicts crypto market bottom is in, advises buying on dips

Real Vision crypto market analyst Jamie Coutts stated that the cryptocurrency market has likely already passed the major bottom of a new upcycle. He noted that crypto has undergone a correction this year, suggesting that new investment demand is unlikely to weaken easily, even if the macro environment deteriorates. However, he cautioned that macro uncertainty still requires caution. Coutts highlighted the MOVE Index, which measures U.S. Treasury market volatility, climbing back above 100, alongside rising real interest rates, widening high-yield bond spreads, and a flattening yield curve. He suggested that any further declines in risk assets could present opportunities to increase portfolio exposure.

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