CryptoQuant Research Director: Traders may advance plans for the White House Crypto Summit and open new long positions "
According to online reports, Julio Moreno, director of research at CryptoQuant, said on Platform X that since Trump announced the strategic crypto reserve plan, traders 'behavior has changed significantly: closing short positions: traders have covered short positions and reduced bearish risks. Profit-taking: After an initial price increase, some traders choose to leave the market at a profit. Open long positions: Some traders may plan ahead for the White House Crypto Summit and open new long positions.
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