Wintermute OTC head Jake reported on December 24 that major cryptocurrencies Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) are currently trading below key moving averages. This trend has led to a short-term exit of capital from the market. Jake emphasized that a retest and breakthrough above these averages could signal a return of capital and a potential rebound in market momentum. He advised traders to monitor moving averages closely for entry timing and to implement capital protection strategies amid ongoing market volatility.
Wintermute OTC Head Warns of Capital Exit as Major Coins Dip Below Averages
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