Analysis: The Bitcoin double top pattern is worth noting, but the possibility of a complete collapse is low.

GateUser-6433627c · 2025-06-27T04:53:43+00:00

Sygnum's head of investment research, Tischhauser, stated that the Crypto Assets market is driven by sentiment and faces challenges in fundamental valuation. He believes that unless a Black Swan Event occurs, the market may enter a long-term bull run cycle under political and regulatory support.

GateUser-6433627c

2025-06-27 04:53:43

Abstract generation in progress

On June 27, Tischhauser, the Head of Investment Research at digital asset bank group Sygnum, stated in an interview with CoinDesk: “Due to challenges in fundamental valuation, the crypto assets market is driven by sentiment; therefore, technical analysis signals such as double tops should be treated with caution. However, a comprehensive market collapse requires catalysts like the 2022 Terra collapse or the FTX big dump. Unless a similar Black Swan Event occurs, based on the current political and regulatory support and the ongoing inflow of institutional capital, we may see a prolonged bull run cycle.”

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