The atrium market is in danger of forming a gap between supply and demand

An expert in investing in digital currencies said that in the current situation, the number of people who want to sell Atrium is more than the number of buyers, and therefore it is likely that the supply of this digital currency will soon and significantly exceed its demand.

To Report Youtudi Andrew Kang, co-founder and co-founder of Mechanism Capital, briefly explains who is now ready to buy and who is willing to sell Atrium. This article seems to be a warning to buyers of this digital currency.

Atrium’s current buyers are just volatile traders

According to Kang, now, in the last days of May (June 10), only a group of market participants intend to increase their Atrium portfolio. He said there was a fundamental gap between supply and demand in the Atrium market.

Kang says traders interested in short-term volatility opportunities are more likely to buy when Atrium reaches rand numbers (support or psychological resistance) or traders’ bearish sentiment wears off.

Kang said all other Atrium-believing investors bought more atriums with the rest of their money the last time the price reached $ 1,000. As a result, no one is currently looking for a chance to buy Atrium on the floor again.

Big and small investors and miners are all sellers

Atrium’s list of sellers, meanwhile, is growing in Kang’s view. The first potential Atrium sellers are large-scale corporate investors who have reduced their investment in this digital currency because their expectations have not been met. In addition, some of these corporate investors have been in dire need of cash to offset losses following the fall in the price of Luna and other digital currencies in recent weeks.

Kang says micro-investors need to sell their atriums; Because they are at a loss in all respects. Because the situation is similar for micro-investors for Atrium-owned projects, they will need cash to cover their costs.

According to Kang, shorts and miners are two other Atrium sellers; Because this digital currency has not been able to recover its price after the fall. The price of Atrium just a few days ago on May 27 (June 6) reached $ 1,600, which is 60% lower than the historical peak of this digital currency.

The last group Kang mentioned was people who had previously wanted to sell their atriums; But they were waiting for the price to rise and jump. According to him, these people are gradually losing hope and doing so.