While some people believe that the prolonged crypto winter is near its end, this is not the case with Messari’s CEO – Ryan Selkis.
He thinks the market could suffer an additional blowback in the near future, arguing that the current situation is worse than the one observed in 2019.
Selkis took it to X (Twitter) to warn the cryptocurrency participants to expect “max pain.” In his view, bear markets could “last longer and go deeper than we want them to.” He believes a “rebirth” will come once the community witnesses some capitulations.
As a matter of fact, the industry suffered not one such event. Recall that the Terra crash, the Celsius Network bankruptcy, and the FTX meltdown triggered multi-billion investor losses and undermined the legitimacy of the entire digital asset sector.
Messari’s boss concluded that the current sentiment in the world of crypto is the worst he had ever seen. “Deeper than 2019. Closes feeling was 2015 for me,” he stated.
We’re approachin
We współpracy z: https://cryptopotato.com/massive-crypto-market-crash-incoming-expert-says-max-pain-ahead/
