BlockBeats news, on December 24, Wintermute OTC head Jake stated on social media, "Most traders will naturally become trend followers, especially those who are profit-driven traders. Currently, BTC, ETH, and SOL are all running below their respective moving averages, which is enough to make short-term speculators lose interest in them."
But looking at it from the other side, the same logic applies: once it stands back on the key moving average, funds will systematically flow back, and market momentum will also recover accordingly.
