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Crypto Macro

Ansem Says Crypto Market Has Bottomed, Calls It a Momentum Trade

Crypto KOL Ansem said on September 18 that the market has already bottomed after its worst cross-asset performance on record, when equities were rising parabolically and industry sentiment hit multi-year lows. He said veteran traders waiting for a ‘four-year cycle’ bottom will have to chase the rally, and that crypto is becoming an attractive momentum trade for TradFi investors seeking diversification and a long-term hedge against US fiscal irresponsibility.

Original source

AI take

Ansem's call rests less on on-chain or macro data than on positioning: sentiment at multi-year lows and a missed rally elsewhere is the setup he is trading, not a valuation argument. The notable claim is that crypto's buyer base is shifting from cycle-waiting veterans to TradFi momentum and fiscal-hedge allocators, which would change how drawdowns behave if it holds. Whether that rotation is real or just a narrative attached to one green candle is the open question.

Generated by AI for reference only.

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