Analysts: Risks in this cycle have reached their peak for the first time, and a cautious attitude should be adopted in the coming months

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According to ChainCatcher news, crypto analyst Willy Woo stated on social media that the sentiment of Bitcoin users seems very optimistic, but a cautious approach should be taken in the coming months.

In this cycle, risk has reached a peak for the first time, with a large amount of Bitcoin being sold for profit, and there is still a lot of profit-taking before the price truly recovers.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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