Cryptocurrencies in free fall: Analysts warn of summer slaughter!

Cryptocurrencies in free fall: Analysts warn of summer slaughter!

a new era of the cryptom market: the phenomenon of summer hole

The last few weeks have been shaped by a strong sales pressure in cryptocurrencies such as Ethereum, Bitcoin, Solana and various old coins. Many investors were surprised because they actually expected an upswing. But the opposite occurred.

A well -known analyst named Jelle commented in a tweet on X (formerly Twitter) and confessed that his forecast regarding the bitcoins was completely wrong with $ 85,000. He analyzed his mistakes and found that the seasonality of the market played a crucial role. The so -called summer hole has come ...

What does the summer hole actually mean?

The "summer hole" is a seasonal development that also affects crypto world. Historically speaking, stock and raw material markets have certain seasonal patterns that are also known as "Sell in May and Go Away". These say that certain trends can be observed between May and September.

Analyzes by Jelle have shown that the performance of the cryptom market tends to be weaker in the months of June to September than in other months. This knowledge has also led to investors acting with caution.

The role of $ dawgz in the middle of the chaos

While the entire cryptoma market is under pressure and loses billions of value, the Coin $ DAWGZ seems to be an exception. $ DAWGZ is a modern multichain coin that can be traded via various platforms. This broad availability makes it attractive for investors looking for safe and inexpensive transactions.

The coin has collected almost $ 2.4 million in a very short time, which is partly due to the possibility of listing for large stock exchanges such as Binance or Coinbase. Analysts are optimistic and calculate with an enormous potential for $ DAWGZ in the future. This makes the coin a promising investment option in the middle of the current cryptomarktcha.

Note: The trade in cryptocurrencies is speculative and carries risks. Please inform yourself in detail and act responsibly.

- Nag