Sygnum Research Director: No significant Unfavourable Information or prolonged bull run

On June 27, Tischhauser, the head of investment research at the digital asset bank group Sygnum, stated in an interview: "Due to challenges in fundamental valuations, the crypto assets market is driven by sentiment; therefore, technical analysis signals like double tops should be approached with caution. Nevertheless, a comprehensive market collapse requires a catalyst similar to the 2022 Terra collapse or the FTX big dump. Unless a similar Black Swan Event occurs, based on the current political and regulatory support along with ongoing institutional capital inflows, we may see a long-term bull run cycle."