Crypto Market Recovery Expected After Recent Disruptive Event

According to BlockBeats, Delphi Ventures founding partner Tommy Shaughnessy emphasized the importance of avoiding leverage in trading, referencing the significant forced liquidation event on October 11. He advised paying taxes quarterly to prevent potential issues, warning that failure to do so could lead to substantial losses. Shaughnessy predicted that Bitcoin (BTC) and Solana (SOL) will reach all-time highs by 2026, driven by strong fundamental progress in the crypto industry. He highlighted the increasing involvement of Wall Street, advancements in regulatory environments, and protocol development as key factors contributing to this growth. The market is currently in a digestion phase following the disruptive October 11 event, which temporarily altered market structure. Shaughnessy expressed optimism that once the impact of this event is fully absorbed, prices will rebound, reflecting the true progress of the industry's fundamentals.