Cryptocurrency trader Nachi, known for his success during the DeFi Summer, has expressed skepticism about a significant market recovery before the end of the year. Nachi noted that Bitcoin has dropped below the crucial $100,000 mark, and despite a brief rebound, the market has fallen past a key pivot range. He highlighted that the momentum in US stocks is weakening due to a lower likelihood of a December rate cut and a delayed government shutdown, prompting investors to take profits as the year closes. Nachi believes that while the crypto market has already seen a substantial correction, further shorting may not be advisable at this stage. However, he sees potential in shorting strong crypto stocks like Coinbase (COIN) and Robinhood (HOOD), which he suggests still have room to fall. He advises investors who are not adept at short selling to increase cash holdings and wait for more favorable buying opportunities, as he anticipates a challenging market recovery before the year's end.