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- 🚨 Gate Alpha Ambassador Recruitment is Now Open!
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- 📢 Gate has released its latest Proof of Reserves report!
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- 🎉 [Gate 30 Million Milestone] Share Your Gate Moment & Win Exclusive Gifts!
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Hartmann Capital founder: If BTC pumps another 2000 dollars, market panic sentiment will completely dissipate
ChainCatcher news, Hartmann Capital founder Felix Hartmann tweeted, 'After the market's significant Rebound following the release of dismal CPI data, the prices of most AltCoins have even surpassed last week's high points, which already says it all. Short positions will be squeezed, and market sentiment will quickly reverse—prices drive sentiment, not the other way around. If BTC pumps another $2000, leaving all moving averages behind, market panic will completely dissipate, and people will start asking how high it can rise, not how low it will fall.'