Ansem: 'Waiting for the cycle bottom' dip buyers may be forced to chase the rally, crypto market has already bottomed

BlockBeats news, September 18: Crypto trader Ansem posted that it is basically impossible to wait for a lower price anymore. Previously, the crypto market experienced the worst cross-asset performance lag in history, while at the same time, US stocks soared; the crypto market finally bottomed out amid the most pessimistic industry sentiment in recent years.

Those old players still waiting for the "four-year cycle bottom" will have to chase this rally when the time comes. For traditional finance (TradFi) investors hoping to diversify their exposure, crypto assets are increasingly becoming attractive as a momentum trade, and may also become an allocation asset in long-term investment portfolios to hedge against irresponsible US fiscal policy.