SPARTAN partner Kelvin Koh has expressed his view on the recent cryptocurrency market sell-off, stating that such downturns are not uncommon in the cryptocurrency space and predicting a swift rebound. He believes that the fundamentals have not changed and that this sell-off has cleared the leverage and open positions accumulated over the past few weeks, laying the foundation for the next phase of market recovery. Koh also emphasizes the need for investors' portfolios to withstand such similar sell-offs and believes that Bitcoin will not drop to $42,000, suggesting that now is the time to adjust positions to an appropriate size.

Spartan partner Kelvin Koh's thoughts on last night's sell-off: Such declines are not uncommon in the cryptocurrency field, and we can expect to see similar situations multiple times as the market continues to rise. The fundamentals have not changed, and the market will quickly rebound as idle funds are put to use. This sell-off has cleared the leverage and open contracts accumulated over the past few weeks, laying the foundation for the next phase of market recovery. Investors' portfolios need to withstand such similar sell-offs. Bitcoin will not drop to $42,000. It is now time to adjust positions to an appropriate size.

SPARTAN partners predict that the cryptocurrency market will rebound quickly, and Bitcoin will not fall below 42,000 US dollars.