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Analyst: Retail investors are beginning to return to the market, but not yet to the extent of the last bull market

Analyst: Retail investors are beginning to return to the market, but not yet to the extent of the last bull market

CointimeCointime2024/02/18 15:35
By:Cointime

Arca trader and analyst Kyle Doane said, "There are signs that individual investors are starting to return to the market, but they have not reached the level of the last bull market. Even cryptocurrency stocks like Coinbase and mining companies have shown greater volatility than many tokens." Oppenheimer Co analyst Owen Lau also believes that, based on Coinbase's consumer trading volume, "we have only reached 16% of the previous peak retail volume. With the return of funds from bankrupt entities, there is still a lot of potential for growth."

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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