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Morgan Stanley strategist Michael Wilson said that the 3-month stock market correction is entering its final stage, and investors should prepare to buy the dip. He said quality stocks in similar periods subsequently 1 years typically outperform by approximately 7.5%。
PANews quoted trader Bonk Guy as saying that the crypto market may be approaching a turning point. In the worst-case scenario, several more weeks of decline or sideways movement may remain, after which a sustained rally may occur.
Bonk Guy said that most popular on-chain tokens retraced over the past two weeks, with some falling by more than 50%, and advised against selling high-conviction holdings due to short-term weakness.