Ansem Says Crypto Selling Is Accelerating, Warns Against Leverage

Crypto influencer Ansem said markets are entering a faster selling phase and warned that traders using leverage to buy declines risk repeated liquidations during the downturn.

Ansem said traders may have another opportunity to re-enter near the same low after a bottom forms. He suggested waiting until liquidations finish before reassessing, or using available cash to place spot orders at target prices.