Geopolitical optimism alone may not sustain current market gains, according to Anndy Lian. He emphasizes that an inflow of new capital is required to drive a meaningful change in market direction. For the time being, Lian expects market movement to remain sideways.
Lian recently reported that the crypto market gained 0.57 percent to $2.35 trillion as Ethereum outperformed after Solana assets were swapped into ETH. He also covered a stablecoin yield ban deal that cleared the way for a major crypto law expected in April. Both developments have featured in his recent market commentary.
Source: https://tradersunion.com/news/market-voices/show/1853764-market-needs-new-capital/
Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author. The latest book is Web4: The Age of Autonomous Intelligence.