After $1 Billion Liquidation, Experts Predict Next Steps for Crypto Market

Markus Thielen, head of research at 10X Research, points out the absence of fresh capital inflows into the market. He notes that the market has devolved without new money into a zero-sum game among traders, exacerbated by excessive leverage. Thielen suggests that while the price has rebounded, traders still need to reassess their risk management strategies.A CryptoQuant report shared with BeInCrypto analyzed the market from a valuation standpoint. It highlighted concerns with Bitcoin’s market value to realized value (MVRV) ratio, indicating potential for extended price decline or the start of a bear market.Eugene Ng Ah Sio, another prominent market analyst, commented on the structural weaknesses exposed by the market correction. Ng’s strategy involves tight risk controls, especially in volatile market phases, reflecting a cautious approach to the current instability.

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