BRN Analyst: Maintains Bullish View, Expects Market to Rebound by End of the Week

BlockBeats News, February 27th, BRN analyst Valentin Fournier stated, "U.S. President Donald Trump announced the possibility of imposing a 25% tariff on European goods, once again igniting investors' fears and causing the cryptocurrency Fear and Greed Index to drop to 10, in the extreme fear territory."

While some are worried about the beginning of a bear market, history shows that a 25% pullback is quite common in a bull market cycle, and the U.S.'s efforts to establish a national cryptocurrency reserve remain a significant long-term catalyst. We maintain a bullish stance and expect the market to rebound before the end of this week. We continue to increase our holdings in Solana and remain neutral on BTC and ETH." (The Block)