Placeholder Partner: As Bitcoin Weakens, Long-Tail Assets Show Resilience

Cryptocurrency investment firm Placeholder partner Chris Burniske tweeted that although the current market is volatile, while Bitcoin is declining, long-tail assets are showing potential upward momentum, and the market has not lost its risk appetite.

He stated that long-term oriented investors are still accumulating positions in what they believe to be valuable. Currently, there is a strong "wall of worry," and if it can be successfully crossed, this situation is likely to occur after the midterm elections, and the results will be remarkable.