COINNEWSAndrey Grachev: Market Shifts to Optimism
Analyst Andrey Grachev notes a shift in market sentiment towards optimism. According to him, investors' reaction to corrections has changed significantly compared to previous periods.
Previously, a 50% drop from an all-time high raised questions about the viability of holding positions and calls for selling. Now the situation is different: a similar drawdown triggers the question of whether to buy assets.
Grachev characterizes the current dynamics as a return to old signs of a bull market. Investors show readiness to buy assets on dips, indicating an improvement in the overall mood of market participants.
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