Ansem says he has turned short-term bearish, warning that weakening U.S. equities could weigh on the crypto market
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AT A GLANCE
Ansem said that his short-term stance has shifted from bullish to bearish, and he believes weakening U.S. stocks could weigh on the crypto market.
Article
Ansem: Has Shifted from Bullish to Bearish in the Short Term; U.S. Equities May Be Near the End of Their Macro Cycle
BlockBeats News,October 29, prominent trader Ansem said on the podcast Market Bubble that he has recently shifted from bullish to somewhat bearish, having “reduced positions and taken profits over the past few days, while also shorting a portion.”
Regarding equities, Ansem believes that major assets have risen substantially, accumulating a large amount of unrealized profits with barely any meaningful pullbacks. There is now significant de-risking and profit-taking. He believes U.S. equities may be near the end of their macro cycle, with capital flowing out.
Regarding crypto, Ansem believes that crypto has performed strongly in Q3, but this may only be a countertrend rebound rather than the start of a new bull market. Crypto had previously front-run equities' weakness, rebounding after becoming oversold in advance; if equities continue to weaken, they may drag crypto down as well. Bitcoin may fall back to around 70000 USD.
However, Ansem said on the program that he remains bullish on stock tokenization, viewing it as a key path for bringing more traditional capital on-chain. Ansem sees it as a catalyst for the next wave of real users and capital inflows, rather than merely a peripheral feature of a bear market. Ansem also once again expressed optimism about the ZEC token, emphasizing its “privacy Bitcoin” characteristics.
Original link https://m.theblockbeats.info/flash/374369
Key points
01
BlockBeats said this news was published on October 29。
02
Ansem said on the podcast "Market Bubble" that he has recently shifted from bullish to somewhat bearish.
03
Ansem said that over the past few days, he has reduced positions, taken profits, and shorted some positions.
04
Ansem believes U.S. stocks may be nearing the end of their macro cycle, with capital flowing out.
05
Ansem believes crypto's strength in Q3 may be merely a countertrend rebound rather than the start of a new bull market.
06
Ansem stated that if stocks continue to weaken, this could weigh on the crypto market, and Bitcoin may pull back to 70000 USD nearby.
07
Ansem remains bullish on stock tokenization and again expressed optimism about ZEC tokens.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This is a trader's personal market assessment: he reduced his risk exposure and bet on declines in some assets. He is concerned that profit-taking in U.S. equities after their sharp rise could in turn weaken crypto assets; however, he remains bullish on stock tokenization and ZEC。
Why it matters to readers
These views concern the possibility that U.S. equities and the crypto market may weaken in tandem, as well as Bitcoin's potential price range. They may serve as clues for observing market sentiment and risk appetite, but should not be regarded as a certain trajectory.
Beginners should distinguish between facts and forecasts: reducing positions and shorting are Ansem's statements about his own trades, whereas the end of the U.S. stock market cycle and Bitcoin pulling back to 70000 USD or thereabouts are all his judgments, not outcomes that have already occurred.
Risks and unknowns
The original text does not provide Ansem's specific positions, trade records, or independently verifiable evidence of holdings.
It has not yet been confirmed whether U.S. equities are at the end of their macroeconomic cycle.
Whether Bitcoin will pull back to 70000 USD or thereabouts cannot be confirmed.
It remains uncertain whether weakening equities will necessarily weigh on the crypto market.
Whether stock tokenization can bring in genuine users and capital inflows, as well as ZEC its subsequent performance, both lack conclusive evidence.
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Related concepts
Bullish
Participants have an optimistic view of the market or asset and generally expect prices to strengthen.
