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【Placeholder partner: Long-tail assets show resilience as Bitcoin weakens】

Chris Burniske, a partner at crypto investment firm Placeholder, posted on social media that although the current market is volatile, long-tail assets are showing potential upward momentum as Bitcoin declines, indicating that the market has not lost its risk appetite. He said that long-term-oriented investors are still continuing to build positions at levels they consider valuable. There is currently a strong “wall of worry”; if it can be crossed—and this is very likely to occur after the midterm elections—the result will be remarkable.