List of Flash News about resale market
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2025-05-04 11:47 |
Luxury Watch Market Faces Downturn as Crypto Traders and Forex Influencers Drive Oversupply: Bear Case Analysis
According to @KookCapitalLLC, the luxury watch market could face significant downward pressure as new money from crypto traders and forex influencers floods into high-end timepieces, making them more accessible and less exclusive. This shift in buyer demographics raises concerns about oversupply and potential depreciation, especially as watches become status symbols for individuals also investing in other trendy luxury goods like Chrome Hearts jeans (source: @KookCapitalLLC, May 4, 2025). For traders, heightened resale activity and changing demand patterns may signal increased price volatility and potential market corrections. |