AB Kuai.Dong|Nov 04, 2025 07:20
The legendary trader Eugene 'The Dove' shared his latest thoughts on the market. He believes the recent large-scale liquidation event marks a bull-to-bear transition. The good news is that Bitcoin hasn’t dropped below $100K yet, so the bulls haven’t given up the fight.
He thinks many crypto speculators are now cashing out and moving their money to the stock market. It’s kind of like in 2021 when people were swapping crypto for NFTs.
But as the bubble bursts, the market will eventually come to an end.
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