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21Shares: Bitcoin fundamentals are strong, and it is difficult to see a deep correction in the short term
Odaily News Matt Mena, strategist at 21Shares, said that due to the structural imbalance between supply and demand, it is increasingly unlikely that Bitcoin will experience a long-term correction in the short term. Currently, the supply of BTC in exchanges and OTCs is at a historical low, while ETFs and institutions continue to accumulate funds to drive the upward momentum. In addition, Bitcoin has hit a record high during the summer liquidity trough, reflecting strong fundamentals. Mena warned that if Trumps tariffs or Fed policies exceed expectations, it may pose a macro risk to Bitcoin. (Cointelegraph)
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