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COINOTAG News (October 14) reports that Citigroup observed last week’s global events triggered a wave of leveraged long liquidations across the crypto market, yet ETF inflows remained resilient. The bank attributes this stability to the entry of newer, less-leveraged participants who have been supporting demand and reducing volatility tied to highly leveraged positions.
Despite recent turbulence, Citigroup reaffirmed its year-end price forecasts of $133,000 for Bitcoin and $4,500 for Ethereum. The firm’s maintained outlook underscores a continued institutional view on medium-term asset trajectories, while market participants are advised to monitor liquidity conditions and leverage dynamics when assessing exposure to these benchmarks.
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