Popular trader and economist Alex Krüger says he’s currently “max long” Crypto market is a growing industry.
Krüger tells His 173,800 social media followers at X have seen him hedge and unhedged several times, but he is now maximum long. “very concentrated positions.”
“The economist” notes that his focus is on “de-risk” soon. He acknowledges, however, that Bitcoin (BTCBTC could fall as low as $52,000 if it falls below $59,000. BTC was trading at $57,093 when this article was written and has fallen more than 4% in the last 24 hours.
Explains Krüger,
“I’m not immune to bear raids. My bigger picture view has not changed: new ATHs later in the year (for Bitcoin). End-of-cycle views make little sense to me. A correction was to be expected.”
You can also learn more about the economist notes Solana has positions on the Layer-1 Blockchains (SOLToncoinTON), Aptos (APT() Core (CORE), as well as the decentralized data storage protocol Arweave (ARBittensor (TAO( ), is a blockchain decentralized platform that emphasizes machine learning and artificial intelligence.
Krüger adds that APT, CORE, AR and TAO are “much higher risk” SOL is a better term than TON.
You can also learn more about the economist notes Bitcoin has a negative reaction to the statement made by Wednesday’s Federal Open Market Committee in the United States.
“Very rare for price to reverse in full right after the press conference is over. And bearish, as the FOMC was dovish. And now you have trapped intraday longs. The one silver lining is BTC is trading in line with equities.”
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