Analysts Say Crypto Crash Is Only Temporary Setback

[chainsniff]

Analysts at The Kobeissi Letter argue that the October 8 market crash is a short-term correction and not a shift in fundamentals.

They cited excessive leverage, thin liquidity, and Trump’s tariff post as the catalysts for the sudden sell-off, but remain bullish: “We think a trade deal will be reached, and crypto remains strong.”

They also noted that Bitcoin’s recent all-time high aligned with the U.S. dollar’s weakest performance since 1973, pointing to a major macroeconomic shift benefiting BTC.

[Nahid10]

Analysts expect the recent crash to be a consolidation phase before the next market leg up.

[EmTeam]

Long-term fundamentals in blockchain adoption remain strong despite short-term volatility.