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Wu Blockchain has learned that Wintermute stated in its latest market report that leverage in the current crypto market has been significantly cleared. The continued accumulation of Bitcoin by Strategy has also alleviated previous concerns about sell-offs. However, the marginal demand from major buyers like ETFs and Strategy has weakened compared to earlier stages. Wintermute believes that before there is a structural improvement in capital flows, the best-case scenario for the market might be to maintain range-bound fluctuations rather than start a new upward cycle. They also pointed out that if U.S. PCE data weakens or the Middle East situation eases, the market might see a rebound, but it is more likely to be a trading rebound rather than a confirmed bottom. https://(wublock123.com)/news/wintermute-crypto-leverage-cleared-short-term-range-bound-63311