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TechFlow news — Daniel Cheung, co-founder of Syncracy Capital, posted on X stating that if the market manages to break out upward, it could likely trigger a rally higher than expected and lasting longer than anticipated.
Cheung noted that the recent market volatility is mainly due to ETF launches driving prices up too quickly, and the market needs time to absorb these changes. He urged investors to remain patient.
Syncracy Capital co-founder Daniel Cheung posted a tweet stating that if the market manages to break out of its current range, it could likely experience a rally higher than expected and lasting longer than anticipated. Cheung noted that recent market volatility has mainly been caused by the rapid price surge following ETF launches, and the market needs time to absorb these changes. He urged investors to remain patient.
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