Bitcoin, Ether treasuries have ‘ghosted’ since the crypto crash

💡 DMK Insight

Crypto treasury firms are pulling back on spending, and here’s why that matters: The tightening of budgets among these companies signals a cautious approach following the recent market crash on October 10. This shift could indicate a broader trend of risk aversion in the crypto space, as firms reassess their positions amid ongoing volatility. Traders should keep an eye on how this behavior affects liquidity and investment flows, especially in altcoins that often rely on treasury investments for support. If treasury firms continue to hold back, we might see further downward pressure on prices, particularly in the short term. But there’s a flip side: if one or more firms decide to break ranks and invest heavily, it could spark a rally. Watch for any announcements from major players that could shift sentiment. Key levels to monitor are the support and resistance zones established post-crash, as they could provide insight into market direction. Overall, the next few weeks will be crucial for gauging the health of crypto treasuries and their impact on market dynamics.