Conor Kenny, offers his personal opinions and analysis on the current state of the cryptocurrency market. He discusses market sentiment, current long versus short leverage positions, and the potential for a short-term price drop to retest support levels, advising viewers to stay invested through potential bear markets. The speaker also details several upcoming significant economic events, such as various central bank rate decisions and U.S. economic data releases, which could impact asset prices. Finally, he shares an optimistic view, his “opium,” based on a large options expiry with a high max pain point, which he believes could temporarily pull the Bitcoin price higher.
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⚠ Some of the links above are for affiliates. I may receive a commission for you signing up for the platform. Always read the terms and conditions before signing up for any product, platform or exchange. If you are from a restricted region you may get profits rolled back. DYOR and approach at your own risk.
⚠️ Crypto Warning: Always do your own research before using any exchange or service mentioned in this video. Exchanges carry risk, and leverage trading can amplify losses. Terms and conditions may change — read them carefully. Some platforms may be non-KYC now but could require KYC in the future. You don’t have a profit until your BTC is in cold storage or your funds are in a bank account. Stay informed and invest responsibly.