Wintermute OTC Head: Major Cryptocurrencies Break Below Key Moving Averages, Trend Capital Temporarily Exits

Wintermute OTC Head: Major Cryptocurrencies Break Below Key Moving Averages, Trend Capital Temporarily Exits

2025-12-24 19:49View Original

ChainThink message, December 24, Jake, OTC Head at Wintermute, posted on social media stating, "Most traders naturally become trend followers, especially those driven purely by profit. Currently, BTC, ETH, and SOL are all trading below their respective key moving averages, a situation that has already deterred short-term speculators from engaging with them."


However, conversely, the same logic applies: once they reclaim key moving averages, capital will systematically flow back, and market momentum will rebound accordingly.

#ETH#SOL

Disclaimer: Contains third-party opinions, does not constitute financial advice

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