K33 Research Director: Large-scale leveraged liquidation is beneficial for Bitcoin asset accumulation

ChainCatcher news, according to CoinDesk, K33 Research Director Vetle Lunde pointed out that although the rebound after last week's flash crash lost momentum on Tuesday, the current decline is a constructive setup, with Bitcoin stabilizing after a significant leverage reset. In his report on Tuesday, he stated that after recent leverage liquidations, he holds a constructive optimism towards BTC, but patience is required.

He noted that traders are recovering from forced sell-offs, and short-term liquidity may still remain low, but such leverage liquidations often indicate a market bottom. He also stated, "The current price level is very attractive for increasing BTC spot positions, as leverage has been significantly cleared. Coupled with a favorable backdrop including expectations of loose policies, high institutional demand, and ETF-related catalysts, the current situation is conducive to gradually accumulating Bitcoin."