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David Gokhshtein, founder and CEO of Gokhshtein Media, suggested that while technical charts may still show uncertainty, the overall sentiment in the crypto market feels strongly bullish.
He emphasized a psychological shift among market participants, reinforcing the perception that the bull market could be resuming.
Gokhshtein previously cautioned that crypto might face another downturn before reaching new highs, advising investors to prepare for possible volatility in a June report. Earlier, he commented on tech stocks after Snapchat shares fell 9 percent following the introduction of new AR glasses. His latest comments add to a series of market observations spanning crypto and equities.