Analyst Alex Kruger (Alex Krüger) on his page on the social network Twitter stated that the last local growth of the cryptocurrency market is unlikely to be long.

Kruger argues that an increase in the capitalization of the entire segment by 12% was provoked by the strong height of the ether, which in the last week added almost 25% in price.

This statement Kruger did in response to the message of the user under the RPTR45 nickname, which argued that the ether "begins to draw the ugly picture", meaning the ratio of long positions to short.

Kruger decided to support this theory and reminded that the last time the ratio of long positions to the short thing was as high in November last year, after which the price fell by 60%.

Kruger noted that he does not consider the approaching Hardfork Etherium with a positive signal in the context of the price, since, together with Constantinople, the emission of cryptocurrencies will be adjusted, which decreased due to the onset of the "Ice period".

However, in the long run, the analyst is configured "bovine" and plans to increase the reserves of its cryptocurrency assets in the event of a fall in prices. "I decided to clarify my position, because my tweets, eliminated from the context, can cause someone's desire to crack," Kruger added.