Ansem is Bearish on Bitcoin and Ethereum, Market May Correct Before Rising

Cryptocurrency trader Ansem has expressed a bearish outlook on Bitcoin, Ethereum, and large-cap stocks, anticipating significant bidirectional volatility in the market during the fourth quarter. He noted that this week's Federal Reserve interest rate decision and several important corporate earnings reports will bring substantial event risk, and AI hot stocks have formed lower highs after peaking, losing their previous trend. Ansem emphasized that the current assessment does not indicate a bearish view on the longer-term market trend; the market may first experience a round of correction before continuing to rise.

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