Analyst: There is an opportunity for mean reversion in the crypto market, but small-cap tokens are more risky

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According to ChainCatcher, cryptocurrency analyst CarpeNoctom commented on analyst Ozzy's suggestion that there are numerous investment opportunities in the current cryptocurrency market.

The recommendation advises investors to examine price charts, with the 0.5 Fibonacci retracement level as the target price, indicating that there are many mean reversion investment opportunities in the current cryptocurrency market.

However, investors are cautioned to be careful about mean reversion assumptions for ultra-small market cap tokens, as many small market cap tokens may not achieve the expected mean reversion.

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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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