Bitwise CIO: Short-position traders see this pullback as a buying opportunity; crypto-native investors still dominate the market.

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On February 6th, Bitwise Chief Investment Officer Matt Hougan stated that he visited several financial advisors this week, and they generally remained optimistic about the market. Those who haven't invested yet see this pullback as a good buying opportunity, while those who bought in earlier plan to continue holding.

If this pullback has taught us anything, it's that ETF investors are not the market leaders; native cryptocurrency investors still dominate. Over the past year, we've spent too much time focusing on fringe buyers (ETF investors) and neglecting HODLr (native cryptocurrency investors).

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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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