TechFlow news, October 31 — cryptocurrency analyst Miles Deutscher pointed out that the current weakness in the crypto market is mainly influenced by three factors: the impact of DAT liquidations putting pressure on Bitcoin and Ethereum, ETF demand drying up with consecutive net outflows, and the severe psychological and material blow caused by the October 10 event. Nonetheless, he believes a strong rebound in Bitcoin's price could completely shift market dynamics and potentially reach new highs. Deutscher advises investors to use this downturn period to focus research on promising areas such as intelligent agents, robotics, RWA, and prediction markets, while closely monitoring on-chain liquidity changes to prepare for an eventual market recovery.
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