
金色财经|Oct 11, 2025 22:20
[Analyst: Yesterday's Crypto Market Crash Due to Short-Term Factors, Long-Term Fundamentals Unaffected]
According to a report by Jinse Finance, the crypto market experienced a sharp decline yesterday, triggering approximately $20 billion in liquidations, setting a new single-day historical high. Analysts from Kobeissi Letter pointed out that this crash is a technical correction and does not indicate a deterioration in long-term fundamentals. Prices may still fluctuate in the short term, but after flushing out leveraged traders, the market is expected to build momentum for the next upward cycle.
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