The founder of Equation News increases his holdings in BTC and is optimistic about the market performance in the coming months

According to market news, Formula News founder Vida posted on his personal channel that he has increased his holdings of BTC as a long-term investment, as well as increased his holdings of a small-cap meme coin for a few months of short-term speculation.

Vida stated that he is currently bullish on the performance of the crypto market in the coming months, as the decline in the US stock market will not be too severe. The crypto market has experienced excessive panic. BTC is currently at the support level of the 1-week supertrend indicator, which is likely the most effective support in this bull market. The sentiment in the altcoin market is currently overly fearful, and buying during periods of excessive fear tends to have a higher success rate.