Analyst: Bitcoin may perform weakly in the third quarter, focus on Ethereum's "catch-up" opportunity

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ODAILY
2 days ago
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Planet Daily News: Santiment analyst Brian Quinlivan said in an interview on Wednesday that the analysis company "saw expectations on social media about Bitcoin's next 'historical high'. Since the market usually goes against retail investors' expectations, this typically means we are not yet ready for the next bull market." Quinlivan suggested that historical highs often do not immediately follow due to the lack of skeptical voices, but since Bitcoin has approached historical highs multiple times, market sentiment has entered a lower position, which could potentially drive Bitcoin to break through its current peak.

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