The founder of Wintermute stated that the market requires a circuit breaker following the recent “1011” crash, emphasizing that an altseason is unlikely in the short term. He noted that the current market conditions are challenging, and a mechanism to stabilize trading could help mitigate volatility. The founder expressed concern over the lack of a structured response to significant market downturns, which can lead to panic selling among investors. He further highlighted that without proper safeguards in place, the market may continue to experience instability. This situation, he argues, underscores the need for regulatory measures to support market health and investor confidence.
