Morgan Stanley Declares It’s ‘Harvest Time’ as BTC Enters Its Fall Phase
Denny Galindo, an investment strategist at Morgan Stanley Wealth Management, in a recent podcast that BTC’s cycle is like the seasons. He called the present period “fall,” which is a time when people usually lock in profits before the market drops like it does in the winter.
Galindo pointed up the sector’s cyclical character by using the phrase “three-up, one-down” and said that the opportunity for making money would soon expire, leaving investors open to instability. Galindo said that the major concern is not only whether to collect profits, but also how long the excellent market phase will persist before the next ” begins.
Bearish Technical Signals: Moving Average Over 365 Days
recent drop brought it below its 365-day moving average, which is a highly watched technical indication of emotion. Analysts say this is a strong pessimistic signal. Julio Moreno, the head of research at CryptoQuant, said that the hack verified a technical bear market and begined a debate about whether a largeger decline is happening.
Andri Fauzan Adziima, a research analyst at Bitrue, agreed with this and said that the most recent drop marked the official begin of a bear market for BTC. In the meantime, market-maker Wintermute pointed out that crypto liquidity has leveled off from , ETFs, and digital asset treasuries (DATs), which made the market more cautious.
Institutional Sentiment: A Macro Hedge Stays Strong
Even though the technicals are negative and liquidity is sluggishing down, institutional investors are still interested in BTC. More and more, investors view it as a “macro hedge” against inflation and the value of money going down.
Michael Cyprys, who is in charge of US brokers, asset managers, and platforms at Morgan Stanley Research, said that these kinds of investments are becoming more common because of the rise of and clearer regulations.
“ show that US spot BTC ETFs now have more than $137 billion in total net assets, and spot Ether ETFs have $22.4 billion,” Cyprys said, pointing out that a lot of money is coming into regulated products from institutions.
The process of acceptance among major investors is still sluggish, and internal committees, long-term mandates, and careful risk management play a significant role in shaping it. Still, the ETF infrastructure has made it easier for regular investors to get in and increased their access to these investments.
Looking Ahead: Getting Ready For Market Cycles That Change
Morgan Stanley’s “harvest time” warning comes at a time when the crypto market is more unpredictable than ever, with macro concerns and technical reversals. Investors should review their positions and be prepared for changes in market sentiment, as both institutional optimism and technical caution are vying for control.
The decline phase may be a excellent time to take profits, but ‘s strategists say that with volatility ahead, it’s essential to be careful about how much exposure you have. This illustrates the importance of timing in the uncertain world of cryptocurrency investment.
