Ansem Says U.S. Tech Stocks Are Entering a Pullback He Anticipated
Photo: TokenPost
Ansem, a crypto trader, said the downturn in technology shares that shaped his earlier bearish view on U.S. equities is beginning to emerge. During recent market adjustments, fear has often been quickly reflected in prices, he said. Concentrated selling could push stocks to major support levels sooner than expected. Ansem said uncertainty around artificial intelligence, geopolitics and the broader market persists. He believes investors may have priced in a bleaker outlook than conditions warrant. He is watching price action near key support and said sentiment could shift quickly if selling pressure fades.
Source: TokenPost
