Hanba Longwang: The market rebound may be strange because some market makers have not yet exposed risks. Long-tail assets are still a high-risk area.

According to Odaily Planet Daily, trader "Hanba Longwang" wrote that the current market rebound has been rapid and lacks a significant pullback, causing him to question his judgment. Logically, a large amount of capital was liquidated during the plunge, and the market should take time to recover. Since bottom-fishing funds are mostly short-term, "secondary exploration" is often common.

He believes that some market makers may have gone bankrupt but haven't fully exposed themselves yet. If they're forced to sell off BTC and ETH, the market could come under renewed pressure. He also mentioned that his current holdings primarily focus on long-tail assets, some popular coins, and BSC meme coins, but he doesn't recommend investing in long-tail assets for average investors due to their high volatility, poor liquidity, and high capital requirements. Despite this, he believes long-tail assets are still the closest to "value investing" in the crypto market.