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Willy Woo: The decline in risk signals indicates a long-term bullish outlook, but the current rise may weaken in the short term.
Foresight News reports that crypto analyst Willy Woo tweeted, "Good news: the Risk Signal is decreasing, indicating that buying liquidity is dominating the overall environment, and the market is preparing for another strong pump in the long-term time frame. Bad news: the bullish momentum from $75,000 to $112,000 is starting to weaken. This week's trend is crucial; if the rise cannot be sustained, the market will enter a new round of consolidation."