A seasoned trader and analyst warns that the future seems dangerous for altcoins while the US stock market is flashing worrying signs.
The trader pseudonym known as the flow horse tells His 9,120 telegram subscribers who, with the exception of Bitcoin (BTC), could be the “start of a depressing Bear market”.
According to the analyst, the pump and dump-Schemes that have been linked to memecoins that have been witnessed in recent weeks are “massively exaggerated” and can mark the “jump the shark” moment for horror in the crypto-room.
According to the trader, another reason that has made him bearish is the trend shift for some US technical shares.
“Palantir, MicroSstratey, Walmart, Microsoft, Coinbase, Meta, Tesla, Nvidia-Sommige with trend shifts and some with memories of parabolic blow-offs. The worrying thing is that Satya Nadella (Microsoft CEO) is mentioned a kind of nonsense*t on artificial general intelligence (AGI) and this entire trend with capital expenditures for artificial intelligence (AI).
This is not normally my area to dig in, but it is worth remembering that many of the returns we see on the market are somehow related to technology and AI that arrive ‘better and faster’ than than later. They have been around everything, so I am worried when those winds seem to shift in general and possibly all at the same time. “
The Flow Horse also says that the efforts of the Department of Government Efficiency (Doge) to reduce the federal workforce, can negatively influence the American unemployment rate and this can have a wrinkle effect on the market.
“The actions of Elon [Musk] And [US President Donald] Trump is also a bit sketchy, so I wonder how that affects work reports in the future and how the market responds to it.
All in all, there is a lot of strange in the air, and I think that this kind of feeling usually drops a greater decrease in stocks. “
According to the pseudonym mentioned analyst, traders will be advantageous in the future compared to the long -term holders of Altcoins.
“I see a lot of opportunities for traders, but a lot of pain for people who can’t let go of this idea from Altcoin season” have just started. “
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